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CVRD raises cash for alumina expansion

BRAZILIAN iron ore giant, CVRD, has borrowed US$310 million to help finance a major expansion of ...

Tim Treadgold

The upgrade, which is already underway, will lift capacity at Alunorte by 1.8 million tonnes a year to 4.2Mt. The project has a total cost of US$582.7 million. CVRD is embarking on a phase of rapid...

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