CLE 0.00% 0.1¢ cyclone metals limited

Barry SergeantFriday , 25 Feb 2011...

  1. 1,943 Posts.
    Barry Sergeant
    Friday , 25 Feb 2011

    http://www.mineweb.com/mineweb/view/mineweb/en/page39?oid=121505&sn=Detail&pid=102055

    "For the Big Three, expansion is available, and is happening, both on a brownfields and greenfields basis. Rio Tinto and BHP Billiton are expanding from traditional iron ore strongholds in the Pilbara, Australia, and Vale is growing production from its Carajas system in Brazil."

    "All three groups are busy with projects in West Africa, generally speaking the main general focus of the new global rush into iron ore. Vale has every intention of holding its position at the front of the pack, in anticipating growth in its iron ore output from around 300m tonnes to more than half a billion by 2016."

 
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