Iron ore miner Fortescue Metals Group has taken another step towards development of its extensive magnetite deposits in the Pilbara, annuncing plans to transfer the assets into a Hong Kong company jointly owned by Chinese steel giant Baosteel.
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Who are the leading hands in the West Australian M&A marketplace
| Label | Value |
|---|---|
| Rio Tinto | $26.13bn |
| BHP Billiton Iron Ore | $20.48bn |
| North West Shelf Venture | $14.92bn |
| Gold Corporation | $6.82bn |
| Fortescue Metals Group | $6.68bn |
| Others | $22.08bn |
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