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China''s Baoshan Iron & Steel Co Ltd, the largest listed steel maker in the country, reported a 62.2 percent surge on first-half net profit on firm steel prices, but warned about the risks of trade protectionism in the second half.
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Carajás Mine, the world''s largest iron ore mine, is loed in the state of Para in Northern Brazil.Fully owned by Brazilian miner Vale (CVRD), it holds 7.2 billion metric tonnes of iron ore in proven and probable reserves.
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