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Vale to concede 35% of Simandou to Guinea

Andrew Topf | October 03, 2011 | 8:57 pm Top Companies Africa Europe Iron Ore 

Vale SA (NYSE:VALE) will likely hand over 35% of its Simandou iron ore project to  Guinea. The Wall Street Journal (sub required) reports that Vale, one of the top three producers of iron ore, is working on an accord whereby the company...

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