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Mining Review reported that Metorex (PINK:MRXLF) may have another firm interested in purchasing the company.
Mining Review reported that Metorex (PINK:MRXLF) may have another firm interested in purchasing the company.
The market news is quoted as saying:
Vale ? the world’s largest iron ore producer ? has bid US$1.1 billion for Metorex to tap into its copper and cobalt operations in the Democratic Republic of Congo (DRC) and Zambia, and drive the company’s growth via resource-rich Africa.