Rinehart’s Hancock weighs $3.3 billion iron ore mine project
Hancock acquired a 51% interest in the Mt Bevan project from Legacy Iron Ore Ltd. and Hawthorn Resources.
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.