Advertisements

Global Exploration & Production: Iron Ore Expansion Era ended, says BHP CEO

BHP Billiton Pilbara Iron Ore operations
BHP Billiton Pilbara Iron Ore operations

The era of large investments in iron ore was history, according to Andrew Mackenzie, CEO of the world’s largest miner, BHP Billiton. The statement was made in a context of large investments coming from BHP itself and its main competitors, Vale and Rio Tinto to increase production capacity of its mines.(By Infomine)

Advertisements

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: