M&A

Mining majors fight for Brazil mine: report

BHP Billiton, Vale and ArcelorMittal are reportedly locked in a bidding war over a Brazilian iron ore mine, worth some 2.5 billion reais ($A1.6 billion).

MiningNews.Net
Mining majors fight for Brazil mine: report

Brazilian newspaper, O Estado de S. Paulo, reported three other companies were also bidding for the J. Mendes mine, which produces 6 million tonnes of iron ore a year. The newspaper did not source the...

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