Companhia Brasileira de Metalurgia e Mineracao controls 82 per cent of the global niobium market, with more than 800 million tons of reserves, according to POSCO. POSCO is Asia?s number three steelmaker.? The firm and South Korea's National Pension Service (NPS) will invest a combined $650 million to buy a 5 per cent stake in Companhia Brasileira.
http://investinbrazil.biz/news/nippon-steel-corp-jfe-posco-team-purchase-stake-brazil%E2%80%99s-rare-metal-miner-67g8
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This values their company at 13 Billion dollars. Perhaps apples to oranges but I sure want more information.
stop this nonsense - petition an egm, page-22
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