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Vale closes sale of fertilizer business to Mosaic for $1.4 billion

Cecilia Jamasmie | January 09, 2018 | 7:06 am Base Metals China Latin America Copper Potash 

Brazil’s Vale (NYSE:VALE), the world’s largest iron ore and nickel miner, has officially closed the sale of its fertilizer business to US-based Mosaic Co. (NYSE:MOS), the No.1 producer of phosphate fertilizer, in a deal worth about $1.4 billion, considerably less than the...

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