Industrial Development Corporation of South Africa Ltd – Herbei Iron and Steel Group CO Ltd – Maritius SPV (Yet to be Formed Special Purpose Vehicle) Owned by Smart Union Resource (Hong Kong) CO Ltd and Rio Tinto South Africa Ltd
Case Number
LM142Mar13
Case type
Large Merger
Procedural matter
Case status
Reasons Issued
Outcome
Approved Subject to Conditions
Order date
03-07-2013
Competition Tribunal Members
Norman Manoim, Yasmin Carrim, Andreas Wessels
Industry
Mining of iron ores
Relevant market
Production and sale of DMS iron ore and sulphuric acid
Sector
Mining and quarrying
Case File
Remedy
Supply Conditions
Case Name
IDC Rio Tinto
Primary Acquiring Firm
Industrial Development Corporation of South Africa Ltd
Primary Target Firm
Rio Tinto South Africa Ltd