Chinese CMOC Expands into Iron Ore Market with Brazilian Partnership
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Chinese CMOC Expands into Iron Ore Market with Brazilian Partnership

What's Happening? Chinese copper giant CMOC Group Ltd. is expanding into the iron ore market through its trading division, IXM SA. IXM has signed a prepayment agreement with Brazilian mining company Itaminas Comércio de Minérios SA for long-term supplies of raw materials. This marks IXM's first entr
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