Russian major steel company Severstal purchase a controlling stake in iron ore deposit in Western Africa

June 10, 2008 @ PMFORUM Breaking News from PMFORUM Webmaster

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Reported by Alexander Tovb in Moscow This is a first case when one of Russia’s major steel makers has announced plans for a complex overseas project estimated by a Russian magazine expert at about $ 1 billion to develop ore field, starting extraction of ore from the creation of necessary infrastructure (120 km railway or ore slurry pipeline, ore cargo port and so on). Severstal has purchased a


This article is syndicated from PMFORUM Breaking News . The original article is available here. Read more in PMFORUM Breaking News, Project Management News .

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