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Vale to approve $1B expansion of Salobo copper mine in Brazil — report

Cecilia Jamasmie | October 04, 2018 | 3:44 am Base Metals Markets Latin America Copper 

Vale (NYSE:VALE), the world’s No.1 iron ore miner, is set to approve a $1 billion expansion of its vast Salobo copper-gold mine, located in Carajás, Brazil, later this month, according to people with knowledge of the matter. The project —...

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