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Central Iron Ore raises output twofold m-o-m in November

Central Iron Ore raises output twofold m-o-m in November

30 November 2010

Central Iron Ore (UX: CGOK UK) nearly doubled its monthly production month-on-month to 199,500 mt of pellets in November 2010, according to trade publication Metal Courier. The publication attributed the increase to the completion of regular maintenance at the plant. Central Iron Ore plans to load its full capacity output in December, producing 205,000 mt of pellets in the upcoming month. Therefore, total annual 2010 production could amount to 2.2 mln mt of pellets vs. 2.3 mln mt in 2009.

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