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Reuters reported that Vale (NYSE:VALE) has agreed to sell four large iron ore carriers to China Merchants Energy Shipping Co (CMES) , in a bid to raise cash.
Reuters reported that Vale (NYSE:VALE) has agreed to sell four large iron ore carriers to China Merchants Energy Shipping Co (CMES) , in a bid to raise cash.
As quoted in the market news,
The world’s largest producer of iron ore said in a statement the details of the contract had not yet been finalized and will be released in the coming months.
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