ASX anouncement this morning is very good news as it involves...

ASX anouncement this morning is very good news as it involves copper and CVRD.......
Companhia Vale do Rio Doce (CVRD) is the second largest diversified metals and mining company in the world, with a market capitalization of approximately US$ 90 billion. CVRD is the world’s largest global producer and exporter of iron ore and pellets and one of the world’s largest producers of nickel, manganese and ferro alloys. CVRD also produces copper, aluminium products, precious metals, cobalt, kaolin, potash and coal. CVRD is the largest logistics player in Brazil, owning and operating three railroads and eight ports. CVRD has offices and operations in all five continents.