Mauritania to supply MENA with iron ore by 2010

Sphere Investments, an Australian-listed company 18.4 percent owned by Saudi steel firm Hadeed and Qatar Steel, said that it will export seven million tons a year of Mauritania’s high grade direct reduction iron ore pellets from 2010 to the Middle East and North Africa (MENA) region, Gulf News reported. To establish a long-term presence and tap vast liquidity in the region, Sphere has listed... 

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