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Global miner BHP Billiton ( BHP.AX ) dismissed talk on Thursday that its iron ore partner, Rio Tinto ( RIO.AX ), was baulking at their proposed $116 billion joint venture and said they were close to a binding agreement. Rio Tinto ( RIO.L ) and BHP Billiton...
Tags: Minara Resources Ltd., BHP Billiton AGM, BHP Billiton Ltd., Ravensthorpe, iron ore, MCC, China, Shanghai, BHP Billiton, Business Finance, Broken Hill, Minara Resources, Marius Kloppers, Rio Tinto Group, Ravensthorpe Western Australia, Nickel, Economic geology, Jinchuan Group, Ore, Rio Tinto espionage case
Canadian copper producer First Quantum Minerals is understood to be considering a bid. First Quantum, which is jointly listed on stock exchanges in Toronto and London and has a market value of $C5.6 billion ($5.7 billion), focuses primarily on copper...
Tags: Surprise, Ravensthorpe, First Quantum Minerals, Goldfields-Esperance region of Western Australia, Yabulu Queensland, Ravensthorpe Western Australia, BHP Billiton, Broken Hill, Minara Resources, Rio Tinto Group, Economic geology, Business Finance
BHP Billiton's failed Ravensthorpe nickel operation in Western Australia are due November 25, two people familiar with the situation said today. Resources as well as Poseidon Nickel and China Metallurgical Group (MCC), remain in the running to take...
Tags: BHP Billiton Ltd., Ravensthorpe, Australia, Sydney, Andrew Forrest, Glencore, Fortescue Metals Group, Ore, Goldfields-Esperance region of Western Australia, Business Finance, Economic geology, BHP Billiton, Broken Hill, Nickel, Minara Resources
BHP Billiton is starting a formal process to offload its botched, and now mothballed, Ravensthorpe nickel operation in Western Australia. Under the study, BHP is considering three options: a sale of the refinery, indefinite suspension, or changing the...
Tags: BHP Billiton Ltd, Ravensthorpe
also says it is undertaking a review for the future of the operation. At the time of the Ravensthorpe closure the company said it made the decision due to "diminished prospects for profitability of Ravensthorpe and Yabulu in the current environment" and...
Tags: Yabulu, Ravensthorpe
BHP Billiton have been cut sharply in response to the bleak outlook that has triggered the previously upbeat miner to close loss-making operations and slow the pace of new growth and expansion projects, with the loss of 6000 jobs across its global workforce.
Tags: bhp, Ravensthorpe, BHP Billiton Ltd, PerthNow, ravensthorpe mining, Yabulu, yabulu nickel, nickel refinery, mining companies, significant decline