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Vale searches for copper in Peru with an eye on the demand for electric car batteries

By Mariana Durao and Marcelo Rochabrun

Vale has been looking for new copper deposits in Peru, as demand for the metal used in electric car batteries is expected to increase with the world's turn to clean energy.

The mining giant has at least two projects underway, in the early stages of drilling, after abandoning a third in a copper-rich region in southern Peru, the world's second-largest producer of . . .

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