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Sad day for Batista: MMX iron ore almost sold

Cecilia Jamasmie | September 27, 2013 | 5:13 pm Latin America Iron Ore 

Once Brazil’s richest businessman, Eike Batista, is in “advanced talks” to sell its flagship iron ore company, MMX Mineração e Metálicos S.A., to competitor Vetria Mineraçao SA. According to InfoLatam (in Portuguese), MMX is finalizing a deal with Vetria, controlled...

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