Steelmaker and Producer Company, ArcelorMittal Acquire Brazilian Iron Ore Mine Exploration London Mining South America

Wednesday reported, the biggest steelmaker and producer company, ArcelorMittal will acquire Brazilian iron ore miner London Mining South America (London Mining Brasil) for $810 million.
“The transaction also includes the assignment of inter-group loans from London Mining of about $46 million, taking the total consideration payable to London Mining to $810 million,” the steel major said [...]

Read more