Mining Titan. (Panorama).What do you get when you join the world's biggest copper company and the world's biggest iron ore producer? That's what Chile's state-run copper giant Codelco and Brazilian iron-ore conglomerate 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. are trying to figure out.The two recently signed a memorandum of understanding A Memorandum of Understanding (MoU) is a legal document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action and may not imply a legal commitment. to study the formation of a joint international copper venture. Companhia Vale do Rio Doce, or CVRD CVRD Companhia Vale do Rio Doce (Brazilian mining company) CVRD Cowichan Valley Regional District (Vacouver Island, British Columbia, Canada) CVRD Converter, Variable Resistance, to DC Voltage , needs a partner to help exploit its copper reserves in Brazil while Codelco is looking to make its international aspirations aspirations npl → aspiraciones fpl (= ambition); ambición f aspirations npl (= hopes, ambition) → aspirations fpl a reality. |
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