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BRAZIL'S CVRD OPENS FERRO ALLOY PLANT IN NORWAY.

AsiaPulse News

| July 01, 2003 | COPYRIGHT 2003 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

RIO DE JANEIRO, July 1 /PRNewswire-FirstCall-AsiaNet/ - Companhia Vale do Rio Doce (NYSE: RIO) (CVRD) informs that its wholly-owned subsidiary, Rio Doce Manganese Norway (RDMN), located in Mo I Rana, Norway, started its operations today.

RDMN, formerly Elkem Rana, was acquired by CVRD in February 2003 for US$ 17.6 million. CVRD is investing US$ 10 million in the conversion of its plant to produce ferro manganese alloys, including the revamping of one of its electrical furnaces, environmental protection and safety procedures. Modern equipment was installed in every phase of the industrial process in order to protect the environment. A comprehensive analysis of the environmental impact of the plant's operation was performed and the operation was fully approved by the Norwegian environmental protection authorities.

The RDMN plant production capacity is 110,000 tons per year of ferro alloys and it will produce ferro silicon manganese and ferro manganese high carbon alloys. RDMN is consuming manganese ore fines supplied by CVRD's Azul mine, located in the Carajas mineral ...

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