BHP BILLITON & IRON ORE DEALINGS IN AFRICA

BHP Billiton and ArcelorMittal

Terminate Discussions to Combine

Assets in Liberia and Guinea

8 September 2010

BHP Billiton and ArcelorMittal had jointly announced they have ended discussions to combine the two companies’ iron ore interests in Liberia and Guinea into a single joint venture. They were unable to reach a commercial agreement. BHP Billiton and ArcelorMittal have continued to advance their iron ore interests in West Africa independently and work closely with governments as well as their communities.

Sourced & published by Henry Sapiecha

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