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Monday, December 23, 2019 - 11:40:51 AM
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Mining News Pro - Brazilian iron ore miner Vale said on Friday that it was buying back a 36.4% stake in its MBR production and transport unit from asset manager Bradesco BBI for 3.3 billion reais ($804.45 million), more than four years after selling it.
According to Mining News Pro - The deal leaves Vale holding a 98.3% stake in MBR, which accounted for the production of about 59 million tonnes of iron ore last year.
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https://www.miningnews.ir/En/News/461928
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