Sunday, March 4, 2007

Steel Giant Arcelor Mittal Targets Senegal Mine

Steel giant targets Senegal mine

Feb 23, 2007

Steel making giant Arcelor Mittal is to invest $2.2bn (£1.13bn) in a mining project in Senegal.

The company hopes to develop an iron ore mine in the Faleme region, as well as a new port near Dakar and a rail line to link the two.

Lakshmi Mittal said he hoped the mine would produce between 15 million and 25 million tonnes of iron each year.

More from this BBC report

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