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.
Indian firm Sesa Goa and Elenilto Minerals & Mining are planning to invest more than $2.6bn in Liberian iron ore firm Western Cluster. Elenilto Minerals & Mining will invest $77m while Sesa Goa will acquire a 51% interest in Western Cluster for $90m.
