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Associated Press reports that a consortium of Japanese and South Korean companies intend to take a $1.95 billion stake in a Brazilian rare earth mining firm.
Associated Press reports that a consortium of Japanese and South Korean companies intend to take a $1.95 billion stake in a Brazilian rare earth mining firm.
The market news is quoted as saying:
Japanese companies including Nippon Steel, JFE Steel, and trading house Sojitz as well as state Japan Oil, Gas and Metals National Corp. are negotiating with the Brazilian company, a Tokyo official said.
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