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RR1:AU
Rights Issue and Shortfall
Financial Times reported on Vale’s (NYSE:VALE) investment in African mines.u
Financial Times reported on Vale’s (NYSE:VALE) investment in African mines.
The market news is quoted as saying:
Vale’s latest investment in Metorex, a small African miner, raised eyebrows…Metorex has a 75 per cent stake in the Ruashi copper and cobalt mine in the Katanga province of the Congo.
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