By Kishori Krishnan Exclusive To Iron Investing News Iron clad deals are in play. Chinese steel and iron ore group Baosteel has proposed to pay US$ 1.6 billion for a 30 per cent stake in Anglo American‘s (AAL.L) huge Minas Rio iron ore mine in Brazil. Traders maintain that any deal with Baosteel could help [...]
Vedanta Resources Chairman Anil Agarwal declared that the mining major will be looking at making investment worth over USD 2 billion in purchasing copper and iron ore assets. For full story, click here
Mr Andrew Michelmore former head of OZ Minerals Limited declared that Minerals and Metals Group, or MMG the Australian unit of China Minmetals Corporation may pursue iron ore assets. For full story, click here
China’s leading steel industry group strongly opposes a joint venture deal consolidating iron ore assets of BHP Billiton and Rio Tinto in Australia. For full story, click here
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