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Metals & Mining corporate month in brief: November 2014

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Report summary

During October several companies have been on the acquisition trail with: Lundin entering into an agreement to purchase 80% ofCandelaria and Ojos del Salado copper operations; Nucor finalisng the purchase of the Gallatin steel plant; and BCL agreeing to acquire 50% of Nkomati and 85% of Tati nickel operations from Norilsk. Whilst in the aluminium sector both Alcoa and Rio Tinto Alcan have continued to divest non core assets.

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