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Article: BRAZIL: THE LAND OF IRON. AND OF NICKEL, OF COPPER, OF GOLD...
- Article from:
- IPR Strategic Business Information Database
- Article date:
- August 14, 2007
CopyrightCOPYRIGHT 2007 Info-Prod (Middle East) Ltd. 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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According to anba: The record high profit posted by mining company Vale do Rio Doce in the first half of this year, which was 10.937 billion reais (US$ 5.5 million), and the rise in Brazilian exports of iron ore show that not only does the country possess a natural vocation for mining, but also that it is tapping more and more into the production capacity of its mines. And this does not apply just to iron ore, which is the flagship of metals in terms of production and exports. Non-ferrous metals such as aluminium (bauxite), copper, and nickel have also been showing good results. Iron ore production should remain accelerated until 2015, according to Paulo Camillo Vargas ...