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OZ Minerals lays out Brazil plan

Company says review reconfirms $430M acquisition cost of Avanco Resources

Kristie Batten
The Antas pit in Carajas, Brazil, will end in 2021 but the plant is set to continue

The Antas pit in Carajas, Brazil, will end in 2021 but the plant is set to continue

"Our review has reconfirmed the acquisition price we paid," OZ CEO and managing director Andrew Cole has told analysts. The company will adopt a "low-risk, modest capital hub strategy with processing...

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