Article: BUYING SPREE.

The world's biggest iron ore producer, Companhia Vale do Rio Doce, recently got bigger. The Brazilian company, known commonly by its initials CVRD, bought a 50% stake in Caemi Mineracio e Metalurgia, Brazil's second largest iron ore miner, from Japan's Mitsui, which had blocked Australian BHP's attempt to control the company.

CVRD invested about US$280 million in the deal. ...

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