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Brazilian mining giant Vale has continued its disposal of noncore holdings, agreeing to sell a mothballed coal mine in Australia to Glencore and Bloomfield Group for ...

AAP. Brazilian resources giant Vale is selling a Queensland coal mine, following retrenchments and asset writedowns across its Australian operations.

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SOARING coal prices have pushed previously unprofitable mines into the spotlight, as Brazilian giant Vale confirms it will reopen at least one mine within a year.

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