Fortescue Metals Group Ltd recently received the total net proceeds of AUD 190 million from BC Iron Ltd in relation to the sale of a 25%interest in the Nullagine Iron Ore JV. Effective from 1st January 2013,Fortescue will hold a ...
Tags: Fortescue Metals, total net proceeds, Nullagine Iron Ore JV
The West Australian reported that BC Iron surged more than 9% after the iron ore miner raised USD 47 million in a placement at a premium as part of a deal with Fortescue Metals Group to take a bigger stake in its Nullagine JV project. BC ...
Tags: BC Iron, iron, steel, metel market
Fortescue Metals Group Ltd has reached an agreement with BC Iron Ltd in relation to the Nullagine Iron Ore Joint Venture including a 25%partial divestment of Fortescue's interest for total net proceeds of AUD 190 million. Fortescue and BC ...
Tags: Fortescue Metals Group, BC Iron, Nullagine, agreement