NEW YORK A production
ramp-up at ArcelorMittal Mines Canada remains on track,
ArcelorMittal SA chairman and chief executive officer Lakshmi
Mittal said in a statement released with first-quarter results
The company will complete the
expansion of its iron ore concentrator at Mount Wright in
northern Quebec by the end of the first half of 2013, it said
Iron ore concentrate capacity
will increase by 8 million tonnes per year to 24 million tonnes
per year, and production will be sold to steel producers in
North America, Europe and Asia, the company said.
It is estimated that Canadian $2.1 billion ($2.09 billion)
will be spent on the expansion project.
A version of this article was first published by AMM sister
publication Steel First.