Cleveland-Cliffs and Alpha Natural Resources to merge, creating Cliffs Natural Resources, a leading diversified mining and natural resources company
Now, finally, Cliffs is out spending its seed corn. The question is, will it get returns from it? What has protected Cliffs in the past from takeover is its horribly structured off-take contracts. Why would Mittal, for [...]
Entries Tagged as ‘Xstrata’
July 16, 2008
Cliffs continues to surprise
June 5, 2008
Xstrata, just buy Anglo
Guardian.co.uk: Xstrata looks at Congo, aluminum, iron ore
If you are not fish food, you are a shark. The question of consolidation in the mining industry is coming to a head. It could be that before too long we are going to end up with the survivors of the industry, and that will include an independent [...]
