#Vale, #Fortescue plan tie-up to boost #Iron ore market share in #China

The world’s no.1 and no.4 #Iron ore miners are in talks that could see #Brazil’s #Vale SA taking a minority stake in #Australia-based #Fortescue Metals Group and blending their iron ore to win market share in #China.

Read more at: http://www.reuters.com/article/us-vale-sa-fortescue-jv-idUSKCN0WA05C

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