Tag: Ferrous

• Monday, October 17th 2011 - 04:16 UTC

  BHP Billiton plans to invest heavily in Brazilian iron ore extraction

  

  BHP Billiton , the world's biggest miner, is close to launching a £2-billion-pound bid for Brazilian iron ore miner Ferrous Resources, the Sunday Times reported. The newspaper, without citing sources, said talks between BHP and Ferrous Resources started earlier this year and had stepped up in recent weeks.