BHP Billiton Ltd, the world’s leading mining company has shown its interest in buying potash or petroleum assets after selling $6.3 billion in bonds this month. Merrill Lynch analyst Olivia Ker stated: BHP has made no secret of the fact it intends to use its best-in-class balance sheet to its advantage through this cycle trough. [...]
Articles Tagged "purchase"
Farmers delayed fertilizer purchases in the second half of last year amid speculation that prices would continue declining while Mosaic and other producers curtailed output. For full story, click here
UK mining bellwether Rio Tinto built on Australian gains in London deals as investors warmed their hands on news it is in talks with Chinlco over a possible asset sale and investment combination. For full story, click here
Vale may have paid too much in its purchase of Brazilian iron-ore and potash assets from Rio tinto Group, according to JPMorgan Chase & Co. and Banco Santander SA. For full story, click here