Monday, 24 Oct 2011
Portuguese news agency Agencia Lusa reported citing an unidentified person close to the negotiations that mining giant Rio Tinto PLC may invest about EUR1 billion in northern Portugal Torre De Moncorvo mines which are considered to be among Europe largest iron ore deposits.
According to the report ortugal Economy Ministry confirmed it is negotiating a big investment in the country's mining sector with one of the world's largest mining companies, but didn't name it.
(Sourced from Agencia Lusa)
Lee Universal Enterprises is a leading International mining company.We are leader in mining,processing and export of minerals. Company's Business area is spread all over the world including India, Indonesia,China and Australia.Mainly we work in Coal, Iron Ore and Red Ochre.
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