DataRoom AM: Iron ore intrigue

Cliffs Natural Resources may be testing the waters on a sale of its Australian mines, while BHP Billiton makes progress on offloading its Nickel West division.

The prices of key commodities may be sinking but there’s still plenty of action in the WA mining sector, with Cliffs Natural Resources taking the first step in a possible $1 billion auction of its Australian iron ore assets and Glencore claiming the front seat in the race for BHP Billiton’s Nickel West assets.

Elsewhere, progress is seen with Leighton Holdings’ divestment spree, Snowy Hydro secures favouritism in the Lumo Energy auction and Noni B accepts a long-awaited takeover bid.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles