Saudi Arabia to visit Brazil and Chile as seeks to diversify mining
The diversification strategy includes plans to expand into international mining to secure access to minerals including copper, cobalt and nickel, as well as lithium.
Mining and transport firm Grupo Mexico on Tuesday reported net profit of $777.6 million for the fourth quarter last year, up from $45.4 million the same period a year earlier. Revenues at the company were $2.6 billion.
(By Stefanie Eschenbacher; Editing by Daina Beth Solomon)
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