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