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Kumba, Mittal look at new supply deal – Business Day

Kumba, Mittal look at new supply deal – Business Day

Kumba Iron Ore and ArcelorMittal SA could avoid arbitration altogether if they can reach agreement on a new long-term iron-ore supply contract. Although an agreement also depends on the outcome of a Constitutional Court challenge, a resolution between two of the biggest companies listed on the JSE would end a three-year dispute that has drawn in a number of other parties, including the departments of mineral resources and trade and industry.
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