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    market news

    China Steelmaker Gets Loan on Vanadium Project

    Investing News Network
    Feb. 27, 2012 03:46PM PST
    Battery Metals

    Bloomberg Businessweek reported that Anshan Iron & Steel Group has successfully acquired a loan for 14.6 billion yuan for a China-based vanadium project.

    Bloomberg Businessweek reported that Anshan Iron & Steel Group has successfully acquired a loan for 14.6 billion yuan for a China-based vanadium project.

    As quoted in the market news:

    The project will have a capacity of 18,800 metric tons of vanadium products a year and 3.9 million tons of steel used in pipes, automobiles and appliances, according to Newssc.org, a news portal affiliated to the Sichuan provincial government.

    Click here to read the full Bloomberg Businessweek report.

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