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mick

12/28/11 9:55 PM

#242447 RE: mick #242446

Sojitz Seeks To Cut Stake In A$2.57b Australia Project-source
Japan's Sojitz Corp. is in advanced talks to sell part of its stake in the A$2.57 billion Southdown iron ore project in Western Australia in a move to share development costs, a person familiar with the matter said Thursday. (published 0142 GMT)