Tuesday 2 June 2015

Otmane El Rhazi : Anglo American sees surge in iron-ore sales to India

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.

Global miner Anglo American said its iron-ore sales to India have more than tripled over the past year as Asia's third-largest economy embarks on a once-in-a-generation urbanisation drive. "India is around 15% of our (iron-ore) sales portfolio, or about 6 million tonnes (a year)," David Trotter, Anglo American's global head of iron-ore sales, told Reuters at the Metal Bulletin iron-ore symposium in Vienna.

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