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Vale to Lease Brazil Potash Mine
Feb. 09, 2012 01:52PM PST
Potash InvestingBloomberg reported that Vale SA (EPA:FR) is paying a 30-year lease on a potash mine in Brazil.
Bloomberg reported that Vale SA (EPA:FR) is paying a 30-year lease on a potash mine in Brazil.
As quoted in the market news:
Vale will pay the Brazilian state-controlled oil company a percentage of the revenues generated by the project, located in the Brazilian northeastern state of Sergipe.
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