Rio Tinto acquires BHP stake in Richards Bay Minerals
01 February 2012
by Mark Watts
BHP exits minsands industry, selling 37% stake in South African JV
Keywords: Rio Tinto, BHP Billiton, zircon, Madagascar, mineral sands, minsands, Quebec
Rio Tinto Plc will acquire the majority stake in South African mineral sands group Richards Bay Minerals (RBM) through a deal with joint venture partner BHP Billiton Plc.
The mining giant has agreed to buy BHP’s 37% stake in the titanium dioxide (TiO2) feedstock and zircon...
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