Subscribe to RSS feedOre giants applying different strategies to ship investment
by
STEVE MATTHEWS
—
last modified
Jul 13, 2010 10:43 AM
Brazil’s Vale is investing in very large ore carriers, while BHP Billiton takes a different approach, writes STEVE MATTHEWS
CHINESE imports account for about two thirds of the global iron ore trade and about three quarters of that is controlled by three leading mining companies: Brazil’s Vale, Anglo-Australian group Rio Tinto and BHP Billiton.
The trio have each...
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