BHP Billiton Ltd., the world’s biggest mining company, may attract investment of $2 billion from fertilizer makers as well as sovereign wealth funds in its Canadian potash project, according to Deutsche Bank AG.
Rio Tinto Group, the world’s third- largest mining company, said its plan to sell diamond assets is “well advanced,” while the divestment of aluminum operations has stalled after prices for the lightweight metal fell.
They’ve helped squelch Rick Perry’s poll surge and fuel Herman Cain’s rise. They’ve given Newt Gingrich and Rick Santorum platforms for their financially strapped candidacies. They’ve boosted Mitt Romney’s efforts to cast himself as the most electable Republican.
BHP Billiton Ltd. , the largest mine operator, may sell as much as $33 billion of coal and aluminum assets in South Africa, the U.S. and Canada, if a bid for Potash Corp. of Saskatchewan Inc. succeeds, Deutsche Bank AG said.
Rio Tinto Group, the world’s second- biggest mining company, may take a $5 billion one-time charge at its full-year results to further write down the value of its aluminum assets, Deutsche Bank AG said.