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Vale pockets $1.1bn from Norway sale

Frik Els | November 11, 2013 | 7:46 pm Base Metals Europe Iron Ore 

Vale (NYSE: VALE), the world's biggest iron ore firm, is continuing with its strategy of divesting its non-care assets. The Brazilian miner will sell $1.1 billion worth of its stake in Norwegian aluminium producer Norsk Hydro, bringing its holding to...

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