UPDATE: ArcelorMittal Exports 1st Liberian Iron Ore Shipment
23 Settembre 2011 - 9:31PM
Dow Jones News
Steel titan ArcelorMittal (MT) exported its first shipment of
iron ore from its Liberian project late Friday, the head of the
company's mining division said.
The iron ore will be delivered to Europe, the primary
customer-base for ArcelorMittal's Liberian iron ore production.
Peter Kukielski also said at the investor day conference that
the company is on track to meet its target of producing 100 million
metric tons of iron ore annually by 2015, including from its
strategic contracts, and could potentially produce more than that
during the same time period through its pipeline of brownfield and
greenfield projects.
"Under flat iron ore pricing assumption Ebitda could double by
2015, driven by growth in marketable tons," he said in his
presentation. Ebitda stands for Earnings before interest, taxes,
depreciation and amortization.
The Liberian iron ore project is expected to produce 1 million
tons of iron ore in 2011 and ramp up to 4 million tons in 2012.
-By Alex MacDonald, Dow Jones Newswires; +44 (0)20 7842 9328;
alex.macdonald@dowjones.com
Grafico Azioni Arcelor Mittal (NYSE:MT)
Storico
Da Ago 2024 a Set 2024
Grafico Azioni Arcelor Mittal (NYSE:MT)
Storico
Da Set 2023 a Set 2024