SOURCE: Industrial Info Resources

March 17, 2008 06:01 ET

Brazil's CVRD to Increase Alumina Production in 2008, an Industrial Info News Alert

CORDOBA, ARGENTINA--(Marketwire - March 17, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- In 2007, Companhia Vale do Rio Doce (NYSE:RIO) (CVRD), the world's largest producer of iron ore and nickel, boosted its yearly expenditure plan to $1.87 billion in order to expand its metals production. The company has announced that it will also increase alumina production in 2008. The metals and mining company foresees producing 5.3 million tons of alumina compared with 4.3 million tons in 2007.

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