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.
The board of Xstrata has been “unfairly disparaged” over its handling of the $70bn merger with commodities trader Glencore, according to Mick Davis, the miner’s chief executive.
Sir John Bond, Xstrata’s chairman, and the non-executive directors have…