CVRD is still interested in Noranda

CVRD is still interested in Noranda

Brazilian iron ore giant Companhia Vale do Rio Doce (CVRD) will reportedly show interest in the turnover of Canadian metal group Noranda Inc. if the ongoing exclusive talks between Noranda and Chinese Minmetals break off. CVRD officials announced that although they are open to negotiations with Noranda officials, the company is not in a rush to acquire Noranda or other foreign mining companies.