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Vale Invests $250m In Mozambique Coal Mine

MINING.COM Staff Writer | November 25, 2008 | 4:32 pm Energy Coal Iron Ore 

The world’s largest producer of iron ore, Vale, plans to invest US$250 million to restart the Moatize coal mine in Mozambique. Vale has been the concession holder on coal mining in Moatize since 2004, when it paid over US$123 million...

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