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Vale is currently expanding its existing Carajas iron ore mine...

  1. Chubbito
    3,782 Posts.
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    15/03/12
    23:06
    Post #: 9847354
    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.
    MBM Price at posting: 25.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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