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IRC posts first profit as iron ore sales begin at Russia mine

Hellenic Shipping News Worldwide | August 23, 2011 | 3:13 pm Europe Iron Ore 

IRC Ltd. (1029), a Hong Kong-listed iron ore company mining in Russia, posted its first profit after starting sales from its Kuranakh mine and prices for the steelmaking raw material advanced. Net income for the six months ended June 30...

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