Brazil battles China for control of South African metals
Little noticed in recent news was the ongoing battle between the world’s largest iron ore miner, Vale SA of Brazil, and the Jinchuan Group, China’s biggest nickel producer. They were bidding for control of South Africa’s Metorex Ltd, a medium sized producer of high demand non-ferrous metals like copper, nickel and cobalt, a contest finally won by Jinchuan. One reason for this metals demand is
Are you a newspaper subscriber but you don't have a Digital Access account yet? Activate your account.
You will need your subscription account number and phone number. Not sure if you have an account? Call 218-855-5897 and we can help you.