China's hunger for metals helped give Brazilian mining giant Vale a record 12-billion-dollar profit last year that is funding acquisition ambitions which still might include Anglo-Swiss concern Xstrata, management said Friday.
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China demand helps deliver 12-bln-dlr profit to Brazil’s ValePosted by UK Economy News
In UK financial news
29Feb 08 China's hunger for metals helped give Brazilian mining giant Vale a record 12-billion-dollar profit last year that is funding acquisition ambitions which still might include Anglo-Swiss concern Xstrata, management said Friday.
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