Browse
related articles
London Mining in Saudi iron ore JV
- Saudi Arabia: Sunday, September 07 - 2008 at 12:57
London Mining announced its plans to produce 20m metric tonnes a year of iron ore through a joint venture in Saudi Arabia, Bloomberg has reported. The venture, Saudi London Iron has received the approval from Saudi Arabian General Investment Authority. Saudi Advanced Production for Iron and Steel is said to buy all the output from the venture based on international iron-ore pellet price and a premium to reflect transport cost savings.
Also consider reading:
Today's top stories
Week's top stories
Browse
related articles
Disclaimer:
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
Medilyn Manibo, Assistant News Editor
