Japanese Trading Cos. Invest $1.5B In BHP Iron Ore Mine
Itochu and Mitsui — both of which have had previous financial relationships with BHP, the world's largest mining company — will invest $800 million and $700 million, respectively.
The investments will come in the form of shares of the Jimblebar project as well as loans, representing an 8 and 7 percent interest in Jimblebar...
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