With TAW look at strategic options for their potential huge iron ore project in Liberia (see todays announcement, I thought I would do some digging into what iron ore action is going on in Liberia in the past weeks.
28June 2013: Jindal in talks to acquire Liberia iron ore mine. http://www.mineweb.com/mineweb/content/en/mineweb-fast-news?oid=196094&sn=Detail
June 24th 2013: http://beta.fool.com/madhudube/2013/06/24/dont-miss-these-3-companies-with-high-eps-forecast/38125/?source=eogyholnk0000001 " Moreover, ArcelorMittal will invest in mining operations in Port Buchanan, Liberia, to enhance production capacity of iron ore by 15 million tons per year by 2015. The company estimates the increase in iron ore output will increase to 84 million tons in 2015, from 56 million tons in 2012. This increase in production capacity will help the company to foster growth in iron ore shipments."
News which I thought people might be interested in..
TAW Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
