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POSCO, China Steel acquire 15% of ArcelorMittal Mines Canada
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
In an ongoing effort to achieve self-sufficiency in raw materials, a consortium led by POSCO and China Steel Corporation (CSC) recently acquired a partial interest in ArcelorMittal Mines Canada (AMMC) for a total consideration of US$1.1 billion in cash. The deal includes a 15% stake in AMMC's mining operations and development deposits, as well as 15% ownership of the associated rail, port and pelletising infrastructure. As part of the transaction, POSCO and CSC will enter into long-term...
Table of contents
- Executive summary
- Deal summary
- Location map
- Iron ore assets
- Deal analysis
- Upside & risks
- Strategic Rationale
- Economic Assumptions
Tables and charts
This report includes the following images and tables:
- POSCO, China Steel acquire 15% of ArcelorMittal Mines Canada: Table 1
- Detail map
- Marketable reserves 01/01/2013
- Marketable production - Mont Wright
- 2013 Global cost curve - all production
- 2013 Global cost curve - concentrate
- 2013 Global cost curve - pellet
- POSCO, China Steel acquire 15% of ArcelorMittal Mines Canada: Table 3
- POSCO, China Steel acquire 15% of ArcelorMittal Mines Canada: Table 4
What's included
This report contains:
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