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Britain’s richest man to build giant Arctic iron ore mine

MINING.COM Staff Writer | July 05, 2011 | 1:56 am Canada Iron Ore 

The Guardian reports the billionaire chief of ArcelorMittal Lakshmi Mittal is planning a giant new opencast mine 300 miles inside the Arctic Circle in a bid to extract a potential $23bn worth of iron ore. The mega-mine – which includes...

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