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.

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have 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 complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

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 proceed…

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles