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Vinacomin, Hoa Phat vie for iron miner

Mining

Hoa Phat Group has announced its intention to buy a controlling stake in Thach Khe Iron Joint Stock Co, but is likely to face difficulties as the iron company’s major stakeholder, State-owned mining group Vinacomin, also wishes to raise its stake to 51 per cent. Thach Khe Iron Co (TIC), …

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