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Guinea bauxite woes a warning for ore miners AS Rio Tinto and Vale weigh their proposed multi-billion-dollar investments in new iron ore projects in the West African nation of Guinea they would be well served to take a close look at the pain being felt in the nations bauxite industry
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In an e-mailed statement late Friday KIOCL said it has secured accessto prospect for and mine iron ore deposits in Andhra Pradesh's Anantapurdistrict Depending on the availability of ore reserves KIOCL said it willbuild an iron ore beneficiation plant and a pelletizing plant at Anantapur each with a capacity of 1 2 million-2 4 million mt/year
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