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Mining Weekly reported ArcelorMittal (JSE:MIT) is seeking government approval before moving to buy an unnamed iron ore resource.
Mining Weekly reported ArcelorMittal (JSE:MIT) is seeking government approval before moving to buy an unnamed iron ore resource.
As quoted in the market news:
Once all approvals had been secured the JSE-listed group would move ahead with an exploration and development programme, for which it had budgeted. Nyembezi-Heita indicated that the work was likely to begin during the course of the year.
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