06
Nov
13:22
Vale makes new attempt to sell New Caledonia operations
Brazil-based iron ore giant Vale SA is making a second attempt to sell its nickel and cobalt operations on the Pacific Ocean island of New Caledonia, Kallanish reports.
The company reports that its subsidiary Vale Canada Limited has entered into an exclusivity agreement for 30 days with a consortium to negotiate the sale of its ownership interest in Vale Nouvelle-Caledonia SAS. That consortium is led by current Vale New Caledonia management and employees, supporte…
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Anonymous
Very good overview of the weekly steel market.
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