13
Jun
01:00
No improved offer, Baosteel/Aurizon syndicate warns Aquila
As the global seaborne iron ore price continues to plod along at an 18-month low, matters are heating up around the proposed takeover of Australian iron ore and coal explorer Aquila Holdings by an offshoot of Chinese steelmaker Baosteel. This follows the acquisition of a substantial shareholding in Aquila by Australia’s Mineral Resources.
Aquila has a 50% interest in one of the largest undeveloped iron ore resources in the Pilbara region of Western Aus…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous