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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Industrial Info Resources (IIR), with world headquarters in Sugar Land, Texas, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. For more information send inquiries to metalsandmineralsgroup@industrialinfo.com or visit us at www.industrialinfo.com.

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