Arcelor Mittal gets go-ahead for Senegal mine

Arcelor Mittal, the world's largest steelmaker, says it had been granted the go-ahead for an iron ore mining project in Senegal.

Arcelor Mittal, the world's largest steelmaker, said on Thursday it had been granted the go-ahead for an iron ore mining project in Senegal.

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It said that once the mine and infrastructure, for a total investment of $2.2 billion, had been developed, it would be able to produce 25 million tons per year of high grade iron ore.