Resource Wrap: 08 March 2010 – BHP, AGO
March 7, 2010
BHP Billiton Limited (BHP) said it had reached terms for a significant portion of its hard coking coal volumes for 2010, based on a structural change to shorter term market based pricing for the contract period. The company said it has reached agreement with a range of customers throughout Europe, China, India and Japan. BHP said the settlements reflect the company’s commitment to achieving market clearing prices over time across all its bulk commodities.
Atlas Iron Limited (AGO) requested its shares be placed in trading halt immediately pending an announcement to the market regarding a potential material transaction. The company said the shares would remain halted until the earlier of the commencement of normal trading on Wednesday, March 10 or when the announcement in relation to the potential transaction is released to the market.
Atlas Iron Limited (AGO) requested its shares be placed in trading halt immediately pending an announcement to the market regarding a potential material transaction. The company said the shares would remain halted until the earlier of the commencement of normal trading on Wednesday, March 10 or when the announcement in relation to the potential transaction is released to the market.
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