De Beers to sell Australian iron ore right to Taurus Funds Management
With the iron ore deposit now developed, De Beers is taking the opportunity to sell its royalty right for value
De Beers Group has announced the sale of an iron ore royalty right related to the Onslow Iron project in West Pilbara in Australia, as part of its focus on streamlining the business and divesting non-core assets in support of its Origins strategy.