Hello SilentO,
I am not very familiar with ArcelorMittal and particularly do not understand their risk profile...
I came across an interesting presentation from AM and posted some key items from it on 15 Jan (post 10079151).
They are cashed up and aiming to grow their Iron Ore output by approx 40 MTPA between 2015 and 2017 (from brownfields and greenfields). From a review of the presentations on their website they would not appear to have this upside in their current operations.
Does anybody have a view as to weather their own exploration projects are likely to be producing in this time period ?
Cheers
Z
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