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Brazilian miner gunning for BHP

Clipped to the Drawing Board by Barot Casha
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A lot of big money going around at the moment in this industry

CVRD of Brazil has declared it plans to be bigger in mining than BHP Billiton within five years, after revealing plans to spend an industry record $US11 billion ($12.2 billion) on growth projects next year.

 

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bill (73) Senior board member | 2007-10-17 22:04:15
and theres no doubt that in the current economic climate, they can do it - but what happens when the world economy contracts - I wonder if they will have built a company strong enough to survive the tough times - time will tell
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Wednesday 17 October, 2007 10:02 PM
 
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