Brazilian mining company Vale's booth at the ongoing China International Import Expo in Shanghai on Thursday. Global mining enterprises are stepping up efforts to expand their presence in China, attracted by the country's vast market and recent moves toward broader economic opening, said company executives and industry experts. Jakob Stausholm, CEO of Rio Tinto Group, said during an interview on …
Visitors check out Rio Tinto's booth during a supply chain expo in Beijing in December. "Our partnership with Chinese companies on the Simandou project, which will become Africa's largest integrated infrastructure and mining project once completed, is groundbreaking," said Gerard Rheinberger, managing director of Simandou, Rio Tinto. In August, Rio Tinto SimFer, a joint venture between the government of the …
A leading fund manager has sounded the alarm over an exodus of mining firms from the London stock market. BHP – one of the largest companies in the UK with a value of £109billion – last month unveiled plans to shift its primary listing to Australia in a move that will see it leave the FTSE 100. Mining giant BHP …