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Anglo American and Vale discuss Serpentina iron ore resource development

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Global Mining Review,

Anglo American and Vale have reportedly held discussions about the potential to jointly develop Vale’s Serpentina iron ore resource, which is contiguous to Anglo American’s integrated Minas-Rio iron ore operation in Brazil.

According to Anglo American, these discussions are preliminary in nature and there can be no certainty that any agreement will be reached or, if any agreement is reached, on the terms or scope of any such agreement.

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