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International court orders bankrupt MMX to pay $7 million to Outotec

Cecilia Jamasmie | January 28, 2016 | 9:00 am Europe Latin America Iron Ore 

An international Court of Arbitration has ruled that MMX Sudeste Mineracao SA, a subsidiary of the mining unit belonging to former Brazilian billionaire Eike Batista, will have to pay Finnish Outotec a compensation of 6.4 million euros ($7 million). Outotec and...

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