News
31 July 2026

IXM agrees Itaminas iron ore prepayment facility

In:
Metals and Mining
Region:
Americas, Asia-Pacific

The trading arm of Chinese copper giant CMOC Group is making a push into iron ore with a deal to finance a mining company in Brazil.CMOC’s IXM has agreed to a prepayment facility with Brazil’s Itaminas Comercio de Minerios in return for iron ore supply, a source said.The agreement comes...

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