Metalloinvest Iron Ore Output Rises 9% in 2011
Bloomberg reported Russia's Metalloinvest said output rose 9 percent last year to 40.1 million metric tons.
Bloomberg reported Russia's Metalloinvest said output rose 9 percent last year to 40.1 million metric tons.
Reuters reported Russia's VTB Bank has bought a 20% stake in Metalloinvest.
Platts reported Metalloinvest (RTB:MGOK) said they saw a 7% increase in iron ore production to 20.2 million mt in the first half of 2011 as exports rose.
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