SOURCE: Industrial Info Resources

Industrial Info Resources

May 27, 2011 06:15 ET

Quebec on Fire With $27 Billion in Metals & Minerals Project Activity, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - May 27, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- ArcelorMittal (NYSE:MT) (Luxembourg), the world's largest steel producer, recently approved more than $2 billion worth of capital expenditures at the company's iron-ore mining, rail distribution, pelletizing and shipping operations in Quebec. The expenditures are the latest in a number of big-dollar Metals & Minerals Industry projects planned in Quebec. According to Industrial Info's Mining Tracker, there are currently 14 major iron-ore mining projects in the province, totaling $20 billion. Adriana Resources Incorporated, Consolidated Thompson, New Millennium Capital and Tata Steel are all involved with iron-ore projects in Quebec.

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