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    iron investing

    New Head for ArcelorMittal’s Canadian Iron Ops

    Written by Investing News Network
    |
    Nov. 15, 2011 01:47PM PST

    Mining Weekly reported ArcelorMittal (NYSE:MT,AIM:MT), has appointed Steve Wood to head up its iron-ore operations.

    Mining Weekly reported ArcelorMittal (NYSE:MT,AIM:MT), has appointed Steve Wood to head up its iron-ore operations.

    As quoted in the market news:

    The company is the second-biggest iron-ore producer in Canada, after Rio Tinto, and owns mines at Mont-Wright and Fire Lake in Quebec.

    That’s the second senior Vale manager ArcelorMittal has poached in recent months, after naming former Vale Newfoundland and Labrador GM Tom Paddon as CEO of its Baffinland Iron Mines unit that it bought at the start of the year.

    Click here to read the full Mining Weekly report.

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