ENRC BUYS 90 percent OF BRAZILIAN IRON ORE PRODUCER BML FOR 100 MILLION DOLLARS

摘要

Kazakhstan-based metals and mining group Eurasian Natural Resources Corporation (ENRC) has bought a 50 percent interest in Brazilian iron ore producer Bahia Mineracao Limitada (BML) from Zamin BM NV (Zamin) for 300 million dollars. "ENRC believes that the acquisition of this stake will further enhance ENRC's position in the iron ore market. ENRC's Iron Ore Division produces over 17 Mt/y of iron ore concentrate," ENRC said in a press release.