090710 witn iron pdf


BBC Learning English
Words in the News
10th July 2009
Rio Tinto executives accused of bribery
Four employees of the Rio Tinto mining company have been detained by Chinese authorities.
According to reports in China's state media, they are accused of stealing state secrets and
bribing employees of Chinese steel companies. Chris Hogg reports from Beijing.
Stern Hu, an Australian who runs Rio Tinto's operations in Shanghai was the lead negotiator
in the mining company's annual talks with Chinese steel makers over iron ore prices. China is
the world's largest consumer of iron ore.
This year the negotiators failed to meet a deadline on June 30th to agree what's known as the
benchmark price for supplies from Rio Tinto and the other big companies. The statement
from the Shanghai office of the National Security Agency says Mr Hu and his colleagues used
improper methods, including bribery, to obtain material from Chinese negotiators during
the talks, according to media reports here.
Rio Tinto has denied that its employees were involved in spying. Australian diplomats say
they've now been given permission to visit Mr Hu for the first time since he was detained on
Monday. The country's foreign minister, Stephen Smith, says he's been given assurances by
the Chinese the mining executive is being treated well.
Chris Hogg, BBC News, Beijing
Words in the News © British Broadcasting Corporation 2009
Page 1 of 2
bbclearningenglish.com
Vocabulary and definitions
lead negotiator the main person who tries to help two groups reach an
agreement with each other
iron ore the raw material from which iron can be obtained
deadline a time or day by which something must be done
benchmark price a standard value of iron ore
statement an official written description
improper methods wrong or unsuitable ways of doing something
bribery the act of trying to make someone do something by giving
them money, presents or something else that they want
spying the act of secretly gathering and reporting information
about the activities of another country or organisation
detained to force someone officially to stay in one place, for
example in a police station or in prison
given assurances promised
More on this story: http://news.bbc.co.uk/1/hi/business/8143561.stm
Read and listen to the story and the vocabulary online:
http://www.bbc.co.uk/worldservice/learningenglish/language/wordsinthenews/2009/07/090710_witn_iron_page.shtml
Words in the news © British Broadcasting Corporation 2009
Page 2 of 2
bbclearningenglish.com


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