A combination of the two miners would have been bigger than Companhia Vale do Rio Doce, the world's largest iron ore miner.

二者一旦合并规模将超过全球最大的矿石生产商巴西淡水河谷。

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The Salobo mine is located at the Tapirapé-Aquiri National Forest, in the state of Para, Brazil, and operated by a wholly owned subsidiary of Vale (formerly Companhia Vale do Rio Doce).

Salobo矿场位于巴西帕拉州的Tapirapé-Aquiri国家森林，并由Vale公司全资拥有的一个子公司运营。

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The move is aimed at creating a more balanced force in negotiations with foreign miners, including Brazil's Companhia Vale do Rio Doce and Anglo-Australian groups Rio Tinto Ltd and BHP Billiton Ltd.

这项动意的目的是在谈判中平衡海外矿工的力量，这其中包括巴西淡水河谷公司和英澳力拓有限公司以及必和必拓有限公司。

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Vale Do Rio Doce trades for 14 times expected 2004 earnings, but just under eight times the consensus forecast for 2005 earnings per share.

FORBES: Iron Stock Steels Itself For A Rebound

No wonder that Companhia Vale do Rio Doce, a big Brazilian iron-ore producer, is buying Inco, one of the two Canadian nickel firms gobbled up in recent deals.

ECONOMIST: How to make sense of the current plethora of mining deals

Last year Votorantim's caution proved a liability when it was outbid by an energetic rival in the privatisation of Companhia Vale do Rio Doce, a state-owned mining and transport giant.

ECONOMIST: Votorantim