Member access

4-Traders Homepage  >  Shares  >  AUSTRALIAN SECURITIES EXCHANGE LIMITED  >  BHP Billiton Limited    BHP   AU000000BHP4

End-of-day quote. End-of-day quote AUSTRALIAN SECURITIES EXCHANGE LIMITED - 01/23
29.38 AUD   +1.84%
01/25 Hong Kong tycoon's M&A spree promises bumper year for Asia banks
01/23 PEABODY ENERGY : Board of Directors Names Glenn L. Kellow President ..
01/23DJArrium to Book $1.07 Billion Writedown
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Singapore's GlobalORE To Launch Iron Ore Trading Platform Wednesday

05/29/2012 | 05:05am US/Eastern

Singapore-based GlobalORE will launch its physical iron ore trading platform Wednesday as efforts to set up a price benchmark gather momentum.

GlobalORE will operate trading windows on weekdays between 3 p.m. and 4 p.m. Singapore and China time, and its office will actively assist members who trade during this time period, the company said on its website Tuesday, without elaborating.

Members will still be able to access the platform and trade outside this time period, it added.

Baosteel Group Corp., BHP Billiton Ltd. (BHP), Glencore International Plc (0805.HK), Hunan Valin Steel Co. (000932.SZ), Minmetals, Rio Tinto Plc (RIO) and Vale S.A. (VALE) are founder shareholders of the company.

Earlier this month, China Beijing International Mining Exchange, or CBMX, launched its physical iron ore trading platform with members including Vale, BHP Billiton and Rio Tinto.

Iron ore prices in the spot market are hovering around $132 a metric ton, down 10% so far this month.

-By Sameer Mohindru, Dow Jones Newswires; +(65) 6415-4085; sameer.mohindru@dowjones.com

React to this article
Latest news on BHP BILLITON LIMITED
02:28a BHP BILLITON : tipped to cut $4bn shale spend
01/25 Hong Kong tycoon's M&A spree promises bumper year for Asia banks
01/23 BHP BILLITON : to reduce US onshore rigs by 40% by July
01/23 PEABODY ENERGY : Board of Directors Names Glenn L. Kellow President and CEO-Elec..
01/23 BHP BILLITON : to reduce US oil drilling
01/23DJArrium to Book $1.07 Billion Writedown
01/22 BHP BILLITON : owner of former Petrohawk, cuts shale production by 40 percent
01/22 BHP BILLITON : raised money for United Way and Navajo Way (BRIEF)
01/22 PEABODY ENERGY : taps COO Kellow to succeed Boyce as CEO
01/22 BHP BILLITON : slashes US shale investment
Advertisement
Chart
Duration : Period :
BHP Billiton Limited Technical Analysis Chart | BHP | AU000000BHP4 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF