Liberia's Senate Ratifies Mining Development Agreement With Mittal Steel
12 Septiembre 2005 - 11:10AM
PR Newswire (US)
ROTTERDAM, The Netherlands, September 12 /PRNewswire-FirstCall/ --
Mittal Steel Company N.V. (NYSE and Euronext Amsterdam: MT), today
announces that the Mining Development Agreement the Company has
entered into with the Government of Liberia has been ratified by
the Liberian Senate. The agreement will give Mittal Steel access to
approximately 1 billion metric tonnes of rich iron ore reserves in
the West of the country. The ratification of the agreement enables
Mittal Steel to take immediate steps for its implementation and the
Company will commence the process of rehabilitation of the mines
and the related infrastructure shortly. Mittal Steel expects
shipments of ore to commence in 2007. About Mittal Steel Mittal
Steel Company is the world's largest and most global steel company.
The company has operations in fourteen countries, on four
continents. Mittal Steel encompasses all aspects of modern
steelmaking, to produce a comprehensive portfolio of both flat and
long steel products to meet a wide range of customer needs. It
serves all the major steel consuming sectors, including automotive,
appliance, machinery and construction. For 2004, Mittal Steel had
revenues of US$22.2 billion and steel shipments of 42.1 million
tons. The company trades on the New York Stock Exchange and the
Euronext Amsterdam under the ticker symbol "MT". For more
information, please contact: Nicola Davidson, T
+44-(0)-20-7543-1162 Paul Weigh, T +44-(0)-20-7543-1172 DATASOURCE:
Mittal Steel Company N.V. CONTACT: For more information, please
contact: Nicola Davidson, T +44-(0)-20-7543-1162; Paul Weigh, T
+44-(0)-20-7543-1172
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