COMPANHIA VALE DO RIO DOCE.COMPANHIA VALE DO RIO DOCE Summary Companhia Vale do Rio Doce (CVRD) is a global diversified mining company, the second largest mining company in the world, and the largest logistics operator in Brazil. , a Brazilian mining conglomerate conglomerate, in business conglomerate, corporation whose asset growth, often very rapid, comes largely through the acquisition of, or merger with, other firms whose products are largely unrelated to each other or to that of the parent company. , signed a 20-year contract to supply China's Baoshan Iron & Steel (Baosteel) with US$2 billion worth of iron ore. The deal involves a $19 million joint venture between the two companies to boost production of iron ore in the state of Minas Gerais Minas Gerais (mē`nəs zhərīs`) [Port.,=various mines], state (1996 pop. 16,660,691), 226,707 sq mi (587,171 sq km), E Brazil. The capital is Belo Horizonte. Minas Gerais continues to produce more than half of Brazil's mineral wealth. . |
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