CAPITAL MARKETS

Japanese increase BHP Pilbara interest

BHP Billiton has sold a 15% stake in the Jimblebar mine to Japan's ITOCHU Corporation and Mitsui ...

Kristie Batten

ITOCHU will invest $800 million for an 8% stake in the mine, while Mitsui will spend $700 million for 7%. BHP said the consideration included a share of capital costs associated with the Jimblebar...

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