Sale of Taharoa export iron sands business

BlueScope today announced it has reached agreement to sell 100% of the shares in its Taharoa export iron sands business to Taharoa Mining Investments Limited (TMIL), a majority owned subsidiary of Taharoa C Block Incorporation (Taharoa C). Taharoa C is a Maori Incorporation with a wide shareholder base that owns the land at Taharoa.