Copper $ 4.5875 / lb -0.55%
Brent Crude Oil $ 63.72 / bbl -0.50%
Palladium $ 979 / ozt -0.10%
Crude Oil $ 61.17 / bbl -0.60%
Natural Gas $ 3.289 / Btu -0.87%
Silver Futures $ 32.38 / ozt 0.23%
Aluminum Futures $ 2320 / ton 1.07%
Micro Gold Futures $ 3320 / ozt 1.43%
Micro Silver Futures $ 32.36 / ozt 0.14%
Platinum $ 969 / ozt -0.14%
Gold Futures $ 3293.2 / ozt 1.38%
Go to MDC Markets

Arrium spurned billion dollar bid on expectations of iron ore rebound

Marc Howe | October 08, 2012 | 1:44 am Australia Europe Iron Ore 

Aussie iron ore miner and steelmaker Arrium (ASX:ARI) has stated publicly that it spurned a $1 billion takeover bid from a Korean consortium due to expectations of a rebound in iron ore prices. The Australian Financial Review reports that Arrium...

Mining.com Recommends