CMOC Expands Into Iron Ore With Brazil Mine Financing Deal
CMOC Group, a major Chinese copper producer, is expanding into iron ore through its trading arm by financing a mining operation in Brazil. This strategic move diversifies the company's commodity portfolio beyond copper while establishing a presence in one of the world's largest iron ore producing regions.
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China’s CMOC Makes Iron Ore Push With Brazil Mine Financing Deal
CMOC Group, a major Chinese copper producer, is expanding into iron ore through its trading arm by financing a mining operation in Brazil. This strategic move diversifies the company's commodity portfolio beyond copper while establishing a presence in one of the world's largest iron ore producing regions.
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