The hottest Minmetals Group is considering bidding

2022-09-26
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Minmetals Group is considering bidding for Rio Tinto's Canadian iron ore business

Minmetals Group is considering bidding for Rio Tinto's Canadian iron ore business

China Construction machinery information

Guide: in the afternoon of June 18, Beijing time, according to Wall Street reports, Wang jionghui, assistant president of Minmetals Group, said on Tuesday that the company is considering bidding for Rio Tinto's Canadian iron ore business. Rio Tinto plans to sell its iron ore in Canada recently. We have reason to believe that 59% of the company's shares are valued by analysts at about $4billion

in the afternoon of June 18, Beijing time, according to Wall Street, Wang jionghui, assistant to the president of Minmetals Group, said on Tuesday that the company was considering bidding for Rio Tinto's Canadian iron ore business

Rio Tinto recently plans to sell its 59% stake in the Canadian iron ore company, which analysts valued at about $4billion

Wang jionghui told Wall Street that the first thing to do was to connect the connecting line of the power supply. "We have invested in the region before, and we are familiar with the situation."

Wang said that Minmetals was "eyeing" the asset. He said: "whether to further seek bidding will be based on many factors, such as partners. China accounts for 1/4"

five mines, with a total investment of more than 160billion yuan, is the first Chinese steel company to confirm its interest in the asset

commodity giant Glencore and private equity firm Blackstone are also considering acquiring Rio Tinto's iron ore assets in Canada

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