SOURCE: Industrial Info Resources

April 21, 2008 06:00 ET

Polysilicon and Steel Manufacturing Companies Lead Metals & Minerals Industry Project Spending List for 2008, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - April 21, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Accounting for almost $8.5 billion in current or planned project spending in the U.S., the top 10 Metals & Minerals Industry companies for 2008 are polysilicon manufacturers, steel manufacturers, metallurgical coke producers, mining companies and cement manufacturers. REC ASA Group (Oslo, Norway), the No. 1 company on the list with $2 billion in projects under way, is constructing an $800 million expansion in Moses Lake, Washington, that will double the capacity of polysilicon production there. Flour Corporation (NYSE:FLR) is handling engineering and construction. Other companies on the list include U.S. Steel (NYSE:X), Steel Dynamics (NASDAQ:STLD), Barrick Gold Corporation (NYSE:ABX), and Freeport-McMoRan Copper & Gold Incorporated (NYSE:FCX).

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