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BHP and Arcelor end Guinea/Liberia iron ore and infrastructure joint venture talks

September 08, 2010 - 13:43 GMT Location: London

KEYWORDS: Arcelor Mittal , BHP Billiton , iron ore in Africa , Guinean iron ore , Liberian iron ore , iron ore , Metal Bulletin

ArcelorMittal and BHP Billiton have ended preliminary discussions to combine the two companies’ iron ore mining and infrastructure interests in Liberia and Guinea into a single joint venture.

Both companies state that they were “unable to reach a commercial agreement”. BHP and ArcelorMittal will continue to develop their operations and iron ore interests in Liberia and Guinea independently, according to...

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Comment & analysis

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