Insight

POSCO, China Steel acquire 15% of ArcelorMittal Mines Canada

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about Subscriptions

Already have subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

Contact us about this report

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...

What's included

This report contains

  • Document

    POSCO, China Steel acquire 15% of ArcelorMittal Mines Canada

    PDF 531.10 KB

Table of contents

Tables and charts

This report includes 9 images and tables including:

Images

  • Detail map
  • Marketable production - Mont Wright
  • 2013 Global cost curve - all production
  • 2013 Global cost curve - concentrate
  • 2013 Global cost curve - pellet

Tables

  • POSCO, China Steel acquire 15% of ArcelorMittal Mines Canada: Table 1
  • Marketable reserves 01/01/2013
  • POSCO, China Steel acquire 15% of ArcelorMittal Mines Canada: Table 3
  • POSCO, China Steel acquire 15% of ArcelorMittal Mines Canada: Table 4

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898