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Brazil's Vale buys out Baoshan's stake in Baovale, report says
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Brazil's Vale buys out Baoshan's stake in Baovale, report says
Feb 6, 2025 8:11 AM

SAO PAULO, Feb 6 (Reuters) - Brazilian miner Vale

has agreed to buy a 50% stake in Baovale from its

Chinese partner Baoshan Iron & Steel, taking control

of the company, newspaper Valor Economico reported on Thursday.

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