|
The Rio Doce Valley Company (CVRD) plans to invest US$ 5.3 billion this year on expansion and modernization projects in Brazil and abroad. The plans were announced Thursday, January 26, by company president, Roger Agnelli.
The capital will be used for transportation infrastructure, electric power, and the expansion of production capacity, among other projects. As a result of these investments, the CVRD hopes to attain an annual production of 264.4 million tons of iron ore by the end of this year and 300 million tons in 2007. According to Agnelli, the company's growth is mainly the result of increased ore exports to China, which he referred to as the "China effect." "This has generated an extraordinary demand in the mining industry." Agnelli went on to say that the company expects to create 137 thousand new jobs this year: 92.9 thousand in the company itself and 43.7 thousand in companies hired for outsourcing and service providers. In his announcement of the investments and expectations for 2006, Agnelli emphasized that Brazil constitutes a promising market for the iron ore mined by the company, which currently sells the bulk of its production to Asia, Europe, and the United States. "It's a market that still has a lot of room to grow. Brazil has logistics, iron ore, and industries with extremely modern installations that are already producing high-quality steel," he observed. Agência Brasil
 |
Subscribe to this comment's feed
Room 706, HONGFEI Building No. 123 Yanshan Street, Furong Section, 410000, Changsha, Hunan, China.
Tel: +86 731 4464257 Fax: +86 731 4461837
E-mail: shizhu@enyudrill.com www. enyudrill.com
Dear Sir:
Our company can manufacture and export directly the equipments and accessories for mining, construction and underground projects. We have exported our rock drill tools to our old customs in France, Australia, Canada, Mexico, Chile, Thailand, New Zealand, Singapore and Hong Kong. In this case, I want to establish a good cooperation with your company, we can supply the following products with a good quality and a competitive price:
Portable DTH drills;
Button bits, connection tapered or threaded, diameter from 33mm to 127mm;
Cross bits, connection tapered or threaded, diameter from 28mm to 95mm;
Coupling sleeves, R25, R32, R38, T38, T45, T51;
Down the hole hammers, similar or equal DHD, COP and SD series hammers;
Down the hole bits, similar or equal DHD, COP and SD series bits;
Diamond materials and tools, core bits and saw blade;
ODEX system;
Air leg rock drill, Hand held air leg rock drill;
Rotary holes tools;
Self-drilling grouting bolt;
Welding machine;
Etc.
If you are interesting in our products, PLS. contact me. You can also visit our web site
www. enyudrill.com.
Best wishes,
zhu xianghong