Tuesday, January 1, 2013

FOXBusiness.com: Posco Consortium to Buy 15% of Canadian Iron Ore Mining Firm for $1.1 Billion

FOXBusiness.com
FOX Business Network - The Power to Prosper
Posco Consortium to Buy 15% of Canadian Iron Ore Mining Firm for $1.1 Billion
Jan 1st 2013, 11:12

South Korean steelmaker Posco (005490.SE) said Tuesday it and its partners have agreed to purchase a 15% stake in an ArcelorMittal (MT)-controlled iron ore mining company in Canada for $1.1 billion.

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