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Banking and shipping to boost Vale's growth

By Du Juan | China Daily | Updated: 2015-07-13 07:21

Mining giant Vale SA is helping to forge closer links between Brazil and China.

The multinational company has signed cooperation agreements with the Industrial and Commercial Bank of China and the Export-Import Bank of China.

It has also agreed to sell eight large iron-ore carriers to China Ocean Shipping (Group) Company and China Merchants Group.

Banking and shipping to boost Vale's growth

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