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).
Investing News Network on MSN
Mining giants BHP and Rio Tinto to collaborate on iron ore
BHP (ASX:BHP,NYSE:BHP,LSE:BHP) and Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) are collaborating to extract up to 200 million tonnes of iron ore under two non-binding memorandums of understanding. The ...
Mining Technology on MSN
Rio Tinto and BHP to collaborate on Pilbara iron ore mining
Facilitated by two non-binding MoUs, the initiative covers joint work at Rio Tinto’s Wunbye deposit and processing BHP’s Yandi ore at the former’s wet plants.
PERTH, Australia--(BUSINESS WIRE)-- 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 ...
As per two non-binding memorandum of understanding (MOUs), the companies will explore joint development of Rio Tinto's Wunbye deposit and arrangements for BHP to supply ore from its Yandi Lower ...
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 ...
BHP and Rio Tinto, Australia’s two largest miners, are to work together on mining some iron ore deposits in the country’s Pilbara region against a backdrop of pressure from China, the world’s largest ...
(RTTNews) - Rio Tinto and BHP have reached an agreement to collaborate on extracting up to 200 million tonnes of iron ore from their neighbouring Yandicoogina and Yandi operations in the Pilbara.
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 ...
Stockhead on MSN
Bulk Buys: BHP’s iron ore discounted and Yancoal’s coal cash cow
After months of murmurs, BHP has acknowledged iron ore price discounts linked to a dispute with China's state buyer CMRG. ...
BHP and Rio Tinto will collaborate on extracting iron ore from deposits straddling their adjacent Pilbara operations, marking an unusual alliance between Australia’s largest miners amid intensifying ...
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