The acquisition via a JV, with Rio Tinto holding 33% and Chalco 67%, values Votorantim's 68.596% stake in CBA at approximately $902.6m (4.69bn reais).
Rio Tinto and BHP have agreed to work together to extract up to 200 million tonnes of iron ore at their neighbouring Yandicoogina and Yandi iron ore operations in the Pilbara. Under two non-binding ...
By Divya Rajagopal and Clara Denina TORONTO, Feb 2 (Reuters) - Swiss miner Glencore is close to engaging Citi as its lead ...
Brazilian miner Vale's iron ore production rose to 336.1 million metric tons in 2025, the company said on Tuesday, marking ...
Diversified miner Rio Tinto has agreed to jointly acquire Votorantim’s controlling stake in Companhia Brasileira de Alumínio (CBA) alongside Aluminum Corporation of China (Chalco), strengthening its ...
Appetite for mining stocks has cooled over the past six months, according to a Citi note.