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Article: Brazil : BHP Billiton, Ferrous, ArcelorMittal Lose Port Bids.
- Article from:
- TendersInfo
- Article date:
- January 30, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (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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Byline: manish03
Rio de Janeiro state, seeking to expand its iron-ore export capacity, approved about $8 billion of new terminal projects and rejected proposals by BHP Billiton Ltd., Ferrous Resources do Brasil Ltda. and an ArcelorMittal joint venture.
The decision to reject some projects was made on environmental, economic and social grounds, because the proposals were far off from meeting the government s specified targets, Rio Development Secretary Julio Bueno said today ...
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