Sierra Leone woos miners to clean energy with $11 billion plan
Most mining firms rely on their own diesel supplies to extract iron ore, diamonds, rutile and bauxite in the resource-rich country.
The Iron Ore Company Of Canada (IOC), based in Montreal, and London, U.K.-based Rio Tinto have approved spending $500 million to increase IOC’s annual production of iron ore concentrate to 22 million tonnes (t). The investment is the first phase of an expansion program that will see up to a 50% increase in production capability by 2011….more at MEI Online
