BHPB tees up China steel mills

BHP BILLITON has formed a 12 million tonne per annum iron ore joint venture with four Chinese steel mills, with the deal expected to reap it a total of US$9 billion over the next 25 years.

BHPB tees up China steel mills BHPB tees up China steel mills BHPB tees up China steel mills BHPB tees up China steel mills BHPB tees up China steel mills

BHPB said the Wheelarra joint venture is an important step in its strategy to maintain global market share by setting up partnerships that ensure long-term product sales.

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