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We can't meet China demand: CVRD chief

CVRD has ruled itself out of the race for Rio Tinto as its chief acknowledged the Brazilian mining giant would not be able to quench China's thirst for metals, even if it invested heavily to boost production.

MiningNews.Net

We can't meet China demand: CVRD chief

"Even if we keep investing more and more we'll never keep up with Chinese growth," CVRD chief Roger Agnelli said, as reported by Reuters. The world's biggest iron ore producer recently announced it...

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