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  • November 26, 2014
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Results 1 - 10 of 27 for joint venture

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  1. Joint venture seen as weakening steelmakers' bargaining power

    Posted Jun 06th 2009, 12:00am by Carol Chan

    ... their bargaining power. Rio and BHP, the world's second- and third-largest iron ore producers, yesterday reached a non-binding agreement to set up a 50-50 joint venture covering their Western Australian operations that is expected to save the firms at least US$10 billion. BHP will pay Rio US$5.8 billion under the deal. The joint venture will leave China, the world's biggest steel ...

  2. Baosteel to invest in 35.9b yuan Guangdong mill

    Posted Jun 24th 2008, 12:00am by Carol Chan

    ... Carol Chan Baosteel Group will take the lead in establishing a 35.9 billion yuan (HK$40.77 billion) joint venture with two smaller rivals to build a 10 million tonnes a year steel mill ... last year on the joint venture of Beijing-based Shougang Group and Hebei-based Tangshan Iron & Steel Group. ...

  3. Tsingtao buys stake in Asahi's Shandong venture

    Posted Nov 11th 2008, 12:00am by Carol Chan

    ... venture to strengthen its position in the eastern province. Tsingtao and Tokyo-based Asahi also have a joint venture in Shenzhen. Tsingtao signed an agreement on Sunday to purchase the stake in Yantai Beer Asahi, a joint venture between Asahi and state-owned Yantai Beer Group. Thirty-seven per cent would come from Yantai Beer Group and 2 per cent from the Japanese firm, said a Tsingtao ...

  4. Disposal plan lifts Shanghai AJ stock

    Posted Jul 09th 2008, 12:00am by Carol Chan

    ... Shougang Group and Hong Kong billionaire Li Ka-shing. Shougang Holding (Hong Kong), a unit of the Beijing steel group, would form a joint venture with Mr Li to buy 120 million new shares ... Enterprises. Share booster A joint venture between Shougang and Li Ka-shing will buy a stake of: 16% ...

  5. Sino Gold investor sells 19.9pc holding

    Posted Jun 04th 2009, 12:00am by Carol Chan

    ... Fields will retain some exploration joint ventures with Sino Gold at the Jinshu project while strengthening its own team to allow for independent growth on the mainland, he added. The sale, which ...

  6. Ansteel to study building plants in Australia

    Posted Jul 28th 2009, 12:00am by Carol Chan

    ... to Liaoning province last week. Ansteel, which is a major shareholder and joint-venture partner of Australian ore explorer Gindalbie Metals, will work with Western Australia's Department of State Development to conduct the study, according to a statement posted on the state government's website. Ansteel has a 36 per cent stake in Gindalbie and is jointly developing with that firm ...

  7. Beijing antitrust law may foil Rio-BHP deal

    Posted Jun 15th 2009, 12:00am by Carol Chan, Martin Zhou

    ... producer of steel. Rio and BHP, the world's second- and third-largest iron ore producers, earlier this month reached a non-binding agreement to set up a 50-50 joint venture covering ... are their [Rio and BHP] major assets, it is certain that the proposed joint venture will jeopardise or limit domestic competition in China,' Mr Mei said. Wu Hanhong, an anti-monopoly expert ...

  8. Tensions grow over strategic minerals

    Posted Jul 13th 2009, 12:00am by Carol Chan

    ... an iron ore joint venture with rival BHP Billiton. Tensions escalated further last week when the government announced it had arrested Rio's Chinese-born Australian chief executive, Stern Hu, ...

  9. Sinosteel moves closer to Midwest takeover

    Posted Jul 09th 2008, 12:00am by Carol Chan

    ... invested in overseas iron ore mines, but most of them are joint ventures with the three ore giants [Vale, Rio Tinto and BHP Billiton] in which they do not have any control or influence ...

  10. China Resources sets sights on acquisitions

    Posted Sep 04th 2008, 12:00am by Carol Chan

    ... volume in quake-devastated Sichuan, one of its major markets, fell 18 per cent. Overall beer sales volume at the brewery unit, a joint venture with SABMiller, rose 4.6 per cent to 3.49 million ...




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