Date: 07 November 2018 , 18:27
News ID: 2525

China Minmetals signs 20m tonnes iron ore purchase agreement with Brazil's Vale

State-owned metals and mineral trading firm China Minmetals signed a 20 million tonne iron ore purchase agreement with Brazilian mining giant Vale on Tuesday.
China Minmetals signs 20m tonnes iron ore purchase agreement with Brazil

The agreement was signed during a ceremony at the China International Import Expo in Shanghai.

China is the world's biggest consumer of the steelmaking ingredient.

Minmetals also signed a 2,400 tonne nickel briquette purchase agreement with Japan's Sumitomo Corp. That was for purchases over a five-year period.

source: MINING.COM