B · Normal
[BHP Billiton responds to rumors about cooperation between Western Australia iron ore and Chinese capital: it will evaluate options that are beneficial to shareholders] On September 4, BHP Billiton issued an announcement regarding media reports on potential cooperation in the Western Australia Iron Ore (WAIO) business, stating that the company has a long history of cooperation in its asset field and has always regularly explored options that may create long-term value for shareholders. BHP Billiton said that the WAIO business is the core of the company's asset portfolio and the company is firmly committed to the development of the WAIO business and the Western Australia region. Earlier, market news said that China's Baowu Steel Group was considering acquiring a minority stake in BHP Billiton's Jimblebar iron ore mine in the Pilbara region of Western Australia.
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