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China Minmetals signs 20m tonnes iron ore purchase agreement with Brazil's Vale

State-owned metals and mineral trading firm China Minmetals signed a 20 million tonne iron ore purchase agreement with Brazilian mining giant Vale on Tuesday.

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.

Minmetals also signed a 2,400 tonne nickel briquette purchase agreement with Japan's Sumitomo Corp. That was for purchases over a five-year period.

News No: 2525
Date: 2018/11/07 - 18:27
News Source: MINING.COM

Minmetals  Brazil Vale  iron ore  Sumitomo Corp  China 

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