GIIC still intends to acquire shares in Brazilian iron ore mines

Gulf Industrial Investment Co (GIIC) still intends to acquire shares in three Brazilian iron ore mines to secure its iron ore supply, it said

It is planning a 30% share swap in a mine that is already operational and two others that are yet to be developed, vice chairman and md of GIIC and Foulath, Khalid Al Qadeeri, told MB on the sidelines of the MB Middle East Steel...

Published

Stacy Irish

December 15, 2010

09:58 GMT

Dubai