28
Apr
13:08
NICKEL, COPPER: Vale mulls base metal spin-off on heated EV market demand
Brazilian miner Vale is evaluating the option to carry out a spin-off of its base metals unit and an eventual initial public offering (IPO) to take advantage of the battery electric vehicle boom.
Company’s ceo Eduardo Bartolomeo said in a call monitored by Kallanish on Tuesday that revisiting the spin-off idea would add value to the business, thanks to strong demand from the energy transition.
“We are analysing this opportunity. We have assets such …
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Anonymous
Very good overview of the weekly steel market.
Anonymous