16 May 2007

CVRD eyes IOC parent

From Australia, comes a report that Brazillian miner CVRD is sizing up Rio Tinto as a possible acquisition.

CVRD operates Voisey's Bay through it's Inco subsidiary.

Rio Tinto operates an iron ore mine in western Labrador through it's subsidiary, Iron Ore Company of Canada.

A Reuters account can be found here .
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