MBM 3.33% 3.1¢ mobecom limited

targeting upto 2 bill t @ 60+% fe - africa, page-73

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    Vale is currently expanding its existing Carajas iron ore mine to 130 million metric tons a year from the existing 100 million tons a year in a $2.48 billion investment due to be completed 2012. It also plans to develop a new iron-ore mine with 90 million tons a year of capacity at Serra Sul in Carajas, for which it is seeking licences.
 
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