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Minmetals signs iron ore purchase agreement with Vale

Mining News - Published on Fri, 09 Nov 2018

Image Source: Nasdaq
Reuters reported that state-owned metals and mineral trading firm China Minmetals signed a 20 million tonne iron ore purchase agreement with Brazilian mining giant Vale. The agreement was signed during a ceremony at the China International Import Expo in Shanghai. China is the world’s biggest consumer of the steelmaking ingredient.

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Posted By : Rabi Wangkhem on Fri, 09 Nov 2018
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