BHP bets billions on Chile mines to face global copper crunch
BHP detailed to investors this week plans to spend $10.7 billion to $14.7 billion within about 10 years.
Brazilian iron ore miner MMX Mineracao e Metalicos SA (MMXM3.BR) and its shipping subsidiary PortX Operacoes Portuarias SA (PORTX3.BR) signed a preliminary 10-year accord with iron ore company Minerinvest Mineracao Ltda on iron ore purchases and shipping.
