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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Australia China India Indonesia Japan Malaysia Philippines Thailand Vietnam China sends Rio case to prosecutors Reuters - Tuesday, January 12 Send IM Story Print SYDNEY - A Chinese investigation into a detained Australian Rio Tinto Ltd executive and three colleagues has been sent to prosecutors, Australia's foreign office and the mining company said on Monday. Four Rio staff, including Australian citizen Stern Hu, have been in Chinese custody since July over accusations of illegally obtaining commercial secrets. A brief statement by Shanghai's public security bureau, carried by state news agency Xinhua late on Monday, did not specify on what charges the four might be tried. It noted they were investigated for infringing trade secrets and bribery. China is Australia's biggest trade partner, with trade worth $53 billion last year. Australia exported $15 billion worth of iron ore to China in 2008, or 41 percent of China's iron ore imports. "The case is now in the hands of the Shanghai People's Procuratorate , after being notified by Chinese authorities. "We are not in a position to say how long this phase of the case will take, and are not prepared to speculate about the outcome. Details of the actual charges are not likely to be known until the prosecutors have made their decision on whether the case should proceed to trial," DFAT said in a statement. The case, which has caused tensions between Australia and China, has placed a cloud over already contentious iron ore price negotiations between China and miners Rio, its fellow Australian miner BHP Billiton and Brazil's Vale. "This transfer is the next stage in a continuing legal process under Chinese law," said Sam Walsh, Rio's chief executive in charge of iron ore. "It would not be appropriate for the company to comment any further at this point in the case other than to reaffirm our hope that matters proceed in an expeditious and transparent manner," Walsh said in a statement. Chinese prosecutors have about one month to decide whether to go to trial, but could refer the case back to police if they feel the case is not strong enough for a prosecution. Hu was formally arrested on August 11 with three Chinese executives from the Anglo-Australian mining company, testing China's relations with major resource trade partner Australia. Australia's conservative opposition's finance spokesman, Barnaby Joyce, said on Monday that Prime Minister Kevin Rudd, a Mandarin-speaking former diplomat with strong China expertise, should become more closely involved in lobbying efforts on Hu's behalf. Recommend Send IM Story Print Related Articles China says missile defense system test successful AP - 2 hours 7 minutes ago NKorea proposes treaty to formally end Korean War AP - Tuesday, January 12 Clinton starts Asia tour amid concerns over Japan ties AFP - Tuesday, January 12 Australia attacks may "cast a shadow" on ties - India Reuters - Tuesday, January 12 Gurkha veterans lose UK court battle on pensions AFP - Tuesday, January 12 News Search Top Stories Gay marriage goes on trial in California Optimism at Detroit auto show as industry banks on recovery US keeps AAA rating with Fitch despite concerns World economy getting back to normal: central bankers Argentina appeals court ruling on Central Bank chief More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Optimism at Detroit auto show as industry banks on recovery Britain faces toughest cuts for 20 years: Darling Formula One boss launches Saab rescue bid: reports Consumers scramble in Venezuela amid shock economic shifts Oil talks fail between Russia, Belarus: news agencies More Most Viewed » Beat the blues by going to bed early: study Huge tomb found at Egypt's Saqqara pyramid More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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