BHP Billiton chooses preferred bidder for Guinea stake

摘要

BHP Billiton has chosen mining venture firm B&A Mineracao as the preferred bidder for its stake in Guinea's Mt Nimba iron ore project, according to press repors. As reported in July by Platts Steel business Briefing, BHP said it would consider selling some of its smaller projects to focus on large scale operations due to softening demand for several of its key commodities. B&A Mineracao was founded by Roger Agnelli, the former chief executive of Brazil's Vale along with investment bank BTG Pactual.