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Analysis

Can Michelin make the right moves in mining?

In March, tire manufacturer Michelin Group announced plans to acquire UK-based conveyor belt maker Fenner for around £1.3bn. The deal is intended to allow Michelin, which has been trying to accelerate the use of polymers outside of the tire industry, to expand its presence in the mining sector. Heidi Vella looks into the implications of the deal and asks whether Michelin can make an impact.

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