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Iron-ore

China factor forecast to drive rapid increase in iron-ore production in Brazil and elsewhere

The Brazilian Ministry of Mines and Energy has forecast that the country’s iron ore production will nearly triple over the next 20 years, to reach one billion tons a year. Currently, the country’s production of iron ore is running at about...
13th August 2010
 
BRAZIL

Vale offers to buy Brazilian copper producer for $1,14bn

Vale, the world's second-biggest mining company, will offer to buy Brazilian copper producer Paranapanema for 2,01-billion reais (about $1,14-billion), the company announced on Thursday. The offer, of 6,30 reais a common share, will be subject to...
29th July 2010
 
 
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