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Chalco wants $2.2bn for stake in Simandou iron ore project

Cecilia Jamasmie | October 16, 2013 | 11:25 pm Top Companies Africa China Europe Iron Ore 

Chinese giant Chalco wants $2.2 billion for its stake in a venture with its state-owned parent company Chinalco, which mainly invests in Guinea’s Simandou iron ore project, The Australian reports. According to the company, world number two miner Rio Tinto (LON,...

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