Articles Tagged "arcelormittal"

Canada Okays ArcelorMittal Subsidiary’s Nunavut Iron Ore Mine

Iron – Reuters reported that Canada's Minister of Aboriginal Affairs and Northern Development has approved the construction of an iron ore mine in Nunavut. The open-pit Mary River project still needs a project certificate and water license and is years away from production, but could produce up to 18 million tonnes of iron ore per year over 21 years.

What Every Investor Needs to Know About the Labrador Trough

Iron – The global economy may have slowed, but iron ore will always be in demand, especially in Asian powerhouses China and India. Iron Investing News looks at Canada's Labrador Trough, an iron-ore-producing region that could one day rival market leaders Australia and Brazil.