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Vale (VALE +2.4%) receives a key license to expand its Carajas railroad, linking the world's...

  • Monday, November 19, 2012, 11:31 AM ET
    Vale (VALE +2.4%) receives a key license to expand its Carajas railroad, linking the world's biggest iron ore mine with a major port in northern Brazil. The license removes one of several major regulatory hurdles to Vale's $19B project to develop the Serra Sul mine at Carajas in the Brazilian Amazon.
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    I wonder if they will put any passenger cars on the train? It would make a great sightseeing trip for vacationers.
    19 Nov 2012, 12:00 PM Reply Like
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