Andrew Cole's copper strategy in Brazil revolves around the idea that small and rich can be a beautiful thing. He has now been joined in that view by Vale.
For just a second, Andrew Cole seems a little uncomfortable to hear OZ Minerals described as a pilot fish that has attached itself to Brazilian mining's whale. But he quickly finds himself quite liking the idea.
“That is a good way to think about it,” he agreed.
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Matthew Stevens writes on business, specialising in mining, energy and opinion. Matthew is a senior business writer and columnist. Email Matthew at matthew.stevens@afr.com.au
