14
Aug
10:10
Gerdau announces new iron ore reserves certification
Brazilian steelmaker Gerdau says it has completed the new certification of its mineral reserves at the Miguel Burnier iron ore open-pit mine in Minas Gerais, Kallanish notes.
According to the independent certifier SRK Consulting’s report, the company’s reserves are at 470 million tonnes, of which 338mt is probable and 138mt proven.
“The certification is a significant milestone for the BRL 3.2 billion ($665.1 million) investment in Gerdau'sā¦
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous