BRAZILIAN iron ore giant CVRD is considering developing a Mongolian coal deposit in conjunction w...
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The deal is part of CVRD's longer term plans to increase its exposure to the lucrative coal market.
Ivanhoe Mines has previously been reported as interested in the Tavan Tolgoi deposit in Mongolia.
CVRD and Itochu are already involved in a joint venture to produce metallurgical coke out of China.
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