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ArcelorMittal Raises Stake in Bosnia Iron Ore Project
Dec. 21, 2011 03:36PM PST
Base Metals Investing Reuters reported ArcelorMittal (NYSE:MT) wants to raise its majority stake in Bosnia’s Prijedor iron ore unit.
Reuters reported ArcelorMittal (NYSE:MT) wants to raise its majority stake in Bosnia’s Prijedor iron ore unit.
As quoted in the market news:
ArcelorMittal owns a 51 percent stake in the Prijedor iron ore unit, while majority state-owned Ljubija iron ore mines control the remaining stake in the joint venture.
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