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CVRD negotiates buying Caulim da Amazonia.
(From Chemical Business NewsBase - Gazeta Mercantil)
Brazilian minerals company Companhia Vale do Rio Doce (CVRD) hopes to acquire Caulim da Amazonia (Cadam) and is in talks with Caemi and the Japanese firm Mitsui which control Cadam. CVRD has already refused an offer to to purchase Caemi's interest on the grounds of high price, but is said to remain interested. Acquisition of Cadam would make CVRD the world's third largest producer of caulim, and give ...
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