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ENRC to Produce 45 Million Tons of Iron Ore in Brazil
Mar. 02, 2011 07:48AM PST
Base Metals Investing Bloomberg reported that Eurasian Natural Resources Corp. is planning production of 45 million tons of iron ore in Brazil.
Bloomberg reported that Eurasian Natural Resources Corp. (PINK:EURNY) is planning production of 45 million tons of iron ore in Brazil.
The market news is quoted as saying:
ENRC will invest about $3 billion at the site, helping it become the world’s fifth-largest iron ore producer, founder Alexander Machkevitch said today.
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