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Vale to Seek Growth Through Acquistion

Vale, the world’s largest iron ore mining company, announced today Tuesday that it plans to acquire as much as 25 percent, worth USD 965 million, in its erstwhile Australian rival Fortescue Metals Group as both companies seek to carve out more market share in China. The agreement between Vale and Fortescue comes as iron ore prices are on a recovery […]

Emerging Markets Insights

a blog by Frontier Strategy Group

longandvariable

A blog on macroeconomics and public policy by Tony Yates.