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    iron investing

    Tanzania to Become Africa’s 4th Largest Iron Producer

    Investing News Network
    Sep. 19, 2013 10:22AM PST
    Base Metals Investing

    Tanzania is set to become the fourth largest iron producer in Africa once production at the Liganga iron project starts within five years, reported DailyNews. The country would produce a million tonnes per year.

    Tanzania is set to become the fourth largest iron producer in Africa once production at the Liganga iron project starts within five years, reported DailyNews. The country would produce a million tonnes per year.

    As quoted in the market news:

    Tanzania-China Mineral Resources Limited (TCIMRL), a joint venture company formed by NDC and Sichuan Hongda Group (SHG), is implementing the mega project which will also involve production of titanium and vanadium. 

    Click here for the full story on DailyNews.

     

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