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(Bloomberg) -- Trafigura Group has struck a $400 million prepayment deal for iron ore with Mineral Resources Ltd., as the Australian miner focuses on preserving cash amid a downturn in its two main commodities.
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The prepayment was reported by Mineral Resources in July, but the Perth-based mining company ...
>>> Read more: Trafigura Struck $400 Million Cash-for-Iron Ore Deal With MinRes
Most Read from Bloomberg
How Air Conditioning Took Over the American Office Hong Kongâs Arts Hub Turns to Selling Land to Stay Afloat A Guide to Urban Swimming in Europe, Beyond the Seine
The prepayment was reported by Mineral Resources in July, but the Perth-based mining company ...
>>> Read more: Trafigura Struck $400 Million Cash-for-Iron Ore Deal With MinRes