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CVRD planning major iron ore expansion

BRAZILIAN mining giant CVRD has joined fellow iron ore majors BHP Billiton and Rio Tinto in sounding out major near-term production capacity increases, with the Brazilian miner flagging a 50% increase to output within four years.

MiningNews.Net
CVRD planning major iron ore expansion

In its quarterly conference call last Friday, CVRD chief executive Roger Agnelli said the company was fast-tracking an expansion from its current level of around 300 million tonnes per annum to 450Mt by...

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