Tag: BHP Billiton
Alloy Steel and BHP Billiton ink supply agreement
Alloy Steel Australia Pty Ltd, a wholly owned subsidiary of Alloy Steel International Inc., has signed a long term strategic supply agreement with BHP Billiton to supply Arcoplate Wear Resistant Super Alloy Wearplate for iron ore mining operations in Western Australia.
Rio Tinto and BHP Billiton iron ore JV
On 4 June 2009 Rio Tinto and BHP Billiton signed a non-binding agreement to establish a production joint venture covering the entirety of both companies' Western Australian iron ore assets.
BHP cuts jobs
BHP Billiton has announced that it plans to cut some 6000 jobs worldwide to cope with falling demand for its products.
RBM agreements South Africa
Rio Tinto and BHP Billiton’s South African joint venture, Richards Bay Minerals (RBM), has announced that agreements with a Broad-Based Black Economic Empowerment (BBBEE) Consortium have been signed, in which 24% of RBM will be transferred to a group comprising local communities and investors with a further 2% to be transferred to a trust for the benefit of RBM employees.
Mitsui to expand capacity
Mitsui & Co Ltd has announced that it will spend USD 396 million through its Australian subsidiaries to increase the capacity of iron ore operations in Western Australia, jointly operated with BHP Billiton and Itochu Corp.
Molybdenum Plant postponed
BHP Billiton has announced that it will delay the development of a plant to process molybdenum at a Chilean mine.