Chalco wants $2.2bn for stake in Simandou iron ore project

Chinese giant Chalco wants $2.2 billion for its stake in a venture with its state-owned parent company Chinalco, which mainly invests in Guinea’s Simandou iron ore project, The Australian reports. According to the company, world number two miner Rio Tinto (LON,...

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now