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Bullboard - Stock Discussion Forum Eastern Company EML

The Eastern Company manages industrial businesses that design, manufacture and sell engineered solutions to industrial markets. The Company has one reportable segment: Engineered Solutions. The Engineered Solutions segment provides engineered solutions to support its customers needs in the commercial transportation and logistics markets. It designs, manufactures, and markets a diverse product... see more

NDAQ:EML - Post Discussion

Eastern Company > iron ore?
View:
Post by smokeyjoe on Jan 16, 2008 8:52pm

iron ore?

Do I understand correctly, that EML has Iron Ore with the Brazil acquistion? Or did I misread the holdings?
Comment by lostboy1 on Jan 17, 2008 1:11pm
Yes and we have Anglo as the new neighbour.  Goodluck.https://www.ecometalslimited.com/projects/ampa.html LONDON (Thomson Financial) - Anglo American PLC said it is in exclusive talks with MMX Mineracao e Metalicos SA (MMX) to take control of the Minas-Rio and Amapa iron ore projects in Brazil for about 5.5 bln usd. The company intends to acquire MMX's controlling shareholder Eike ...more  
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