Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
The demerging of a selection of BHP Billiton assets into a separate new company (Newco) was going according to plan and heading for a May vote, Newco CEO-elect Graham Kerr said on Monday. Responding to Mining Weekly Online during question time at a media conference on BHP Billiton selling its South African Bayside aluminium casthouse to black economic empowerment consortium Isizinda Aluminium as part of a R10-billion, five-year agreement involving JSE-listed aluminium semis fabricator Hulamin, Kerr said demerger progress was being made on the regulatory, shareholder and employee fronts (also see the attached video).
The demerging of a selection of BHP Billiton assets into a separate new company (Newco) was going according to plan and heading for a May vote, Newco CEO-elect Graham Kerr said on Monday. Responding to Mining Weekly Online during question time at a media conference on BHP Billiton selling its South African Bayside aluminium casthouse to black economic empowerment consortium Isizinda Aluminium as part of a R10-billion, five-year agreement involving JSE-listed aluminium semis fabricator Hulamin, Kerr said demerger progress was being made on the regulatory, shareholder and employee fronts (also see the attached video).
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