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    iron investing

    Vales Expects to Start up China Iron Ore mine End-March

    Investing News Network
    Mar. 17, 2011 06:38PM PST
    Base Metals Investing

    Reuters reports that Vale (NYSE:V) intends to start production at the company’s iron ore project in China with annual capacity of 1.2 million tonnes by end-March, 2011.

    Reuters reports that Vale (NYSE:V) intends to start production at the company’s iron ore project in China with annual capacity of 1.2 million tonnes by end-March, 2011.

    The market news is quoted as saying:

    Vale has a 25 percent stake in the project, with Chinese Anyang Steel owning the rest.

    Click here to access the entire news

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