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Article: Samarco and MBR break production record.
- Article from:
- South American Business Information
- Article date:
- September 3, 2003
CopyrightCOPYRIGHT 2003 COMTEX News Network, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Brazil, Sep 3, 2003 (Gazeta Mercantil/SABI via COMTEX)
The strong demand for iron ore in the Chinese market and the increasingly sales in Brazil led MBR (Mineracoes Brasileiras Reunidas) and Samarco Mineracao (two of the main Brazilian mining companies following Companhia Vale do Rio Doce), to negotiate almost all the year' production. MBR might close 2003 with 36.5mil m tons sold, an increase of 9% if compared to last year result. Samarco will sell 15.5mil m tons, 5,4% growth. The companies, both set up in Minas Gerais state and controlled by Vale, have an exporter profile. Samarco negotiates 100% of its output and MBR 80% (17th largest exporter of Brazil). ...
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Article: Caemi invests in new iron mine.
South American Business Information;
September 5, 2002 ;
417 words
... ... a new iron mine in Brazil. The Capao Xavier, based in Minas Gerais, has a deposit predicted in 140 mil m tons of iron ore for the next 17 years. The start ... MBR (second largest exporter of iron ore in Brazil) capacity from the current ...
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