LONDON MINING AND CSN SIGN MEMORANDUM OF UNDERSTANDING FOR PORT EXPORT LOGISTICS IN BRAZIL
London Mining Plc is pleased to announce that a Memorandum of Understanding has been signed with Companhia Siderurgica Nacional ("CSN") relating to the export of iron ore from CSN's terminal at the Itaguai port in Rio de Janeiro, Brazil.
The companies have reached an agreement on the main commercial terms and conditions for the export of iron ore products produced in Brazil by Minas Itatiaiucu, a company owned by London Mining, through the CSN Terminal in Itaguai. The terms of the agreement are confidential.
Christopher Brown, Managing Director of London Mining said: " London Mining is one of the first non-Brazilian companies to be able to export iron ore out of Brazil from its own iron ore mine in Brazil under a long term contract.
No comments:
Post a Comment