Economy & Business - October 2006

COMPANY FOCUS: CVRD joins the big boys

Business 31 October 2006 Modified: 31 October 2006 178 views

A Brazilian mining group, Companhia Vale do Rio Doce (CVRD), announced on 24 October the purchase of 75.66% shares of the Canadian mining company Inco. The deal makes CVRD the second-largest mining conglomerate in the world. The biggest is BHP Billiton.

End of preview - This article contains approximately 400 words

Subscribers: Log in now to read the full article

Not a Subscriber?

Enquire Now