so who could the europeans be?

We have been told that Europe is in the running.

We know ArcelorMittal is an Indian-European tie up (the largest steel producer in the world) and have the Nimba mine in Liberia, West Africa.

Glencore Xstrata are an Anglo-Swiss tie up and could be looking to build an iron ore business.

Rio Tinto is British-Australian and BHP Billiton is Anglo (Dutch)- Australian. Both could be considered European at a stretch.

The Russians can't be considered European.

Question for all you smart iron ore and steel buffs.

Are there any other contenders in Europe who have the clout to build/finance this thing?

Also, just an observation about Arcelor. They have been very conservative in the way they have gone about rejuvenating Mt Nimba in Liberia. IMO Mbalam is too bigger risk for Arcelor.

Any thoughts?