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Anglo American signs China Mineral Resources Group iron ore supply deal

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Sig2.85Sen+1.65Env0.00Soc0.00Gov0.00

In April, China Mineral Resources Group agreed an annual iron ore supply contract with Anglo American, according to sources. CMRG became the exclusive sales agent in China for some iron ore from Anglo’s Kumba unit in South Africa starting from April, with volumes reported around 10 million metric tons for CMRG member steel mills.

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