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Mitsui clinches Mozambique deal with Vale

BRAZILIAN giant Vale has signed an agreement with Mitsui that will give the Japanese group a 15% ...

Lau Caruana

On completion of the transaction, Vale will indirectly own 81% of the Moatize coal mine and about 35% of the NLC, sharing its control with Mitsui. The value attributed to Mitsui's 15% stake in Vale Mozambique...

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