Asian Group To Pay $1.8B For Brazilian Mining Stake
By Pete Brush ( March 3, 2011, 3:59 PM EST) -- Japan's Nippon Steel Corp. and JFE Steel Corp. are teaming up with South Korea's Posco to buy a stake in Brazilian rare earth metals miner Companhia Brasileira de Metalurgia e Mineracao in a $1.8 billion deal that shores up their supply....
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