Xstrata agrees £2bn deal for LionOre

London-listed mining group Xstrata said today it has entered into a deal to acquire Canadian nickel miner LionOre.

Xstrata agrees £2bn deal for LionOre

London-listed mining group Xstrata said today it has entered into a deal to acquire Canadian nickel miner LionOre.

Anglo-Swiss Xstrata said the $4.6bn Canadian dollars cash offer (€3bn) forms part of its strategy to build its presence in the nickel mining sector.

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