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French govt. finds potential buyer for ArcelorMittal site

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PARIS (Reuters) – Industry Minister Arnaud Montebourg says a potential buyer for ArcelorMittal’s Florange site has been found and is willing to invest 400 million euros to renovate it. The French government has found a potential buyer for steelmaker ArcelorMittal’s Florange site in northeast France, Industry Minister Arnaud Montebourg said on Wednesday. « We have a buyer […]

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France vs ArcelorMittal: The State has found a buyer for the Florange site (Montebourg)

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Paris (Le Figaro) – The government has found a buyer for the ArcelorMittal site in Florange (Moselle), which is ready to invest nearly 400 million euros if the steelmaker agrees to sell it, said the Minister for Industrial Renewal, Arnaud Montebourg, today . He reiterated during the question period in the National Assembly that the French authorities were now expecting proposals

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Global platinum mining capacity to increase 38,000 kg by 2015—U.S. Geological Survey

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While the United States will continue to be highly dependent on foreign PGM exports through 2020, the nation could ease its dependence through recycling, the U.S. Geological Survey suggests. A U.S. Geological Survey scientific investigations report forecasts that South Africa, Russia, Canada, and Zimbabwe will continue to be the principal sources of PGM for at

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The head of mining giant Anglo American resigns amid social turmoil

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The resignation announced on Friday of Cynthia Carroll, the head of mining giant Anglo American, the world’s number 1 platinum producer, did not surprise insiders, as the group strives to emerge from a violent social crisis in South Africa.”Shareholder discontent had been evident for some time,” Canadian bank BMO noted in an analysis. Just last

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The head of mining giant Anglo American resigns amid social turmoil

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The resignation announced on Friday of Cynthia Carroll, the head of mining giant Anglo American, the world’s number 1 platinum producer, did not surprise insiders, as the group strives to emerge from a violent social crisis in South Africa.”Shareholder discontent had been evident for some time,” Canadian bank BMO noted in an analysis. Just last

The head of mining giant Anglo American resigns amid social turmoil Read More »

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