06
Apr
08:58
Brazil prosecutors close Vale Simandou alleged wrongdoing investigation
Vale says the Brazilian Federal Public Prosecutor's Office has closed its investigation into alleged illegal practices by Vale executives in the Simandou mining project in the Republic of Guinea.
The accusations, made by Israeli businessman Benjamin Steinmetz, related to the failed joint venture to exploit the iron ore mine concession in Simandou. Steinmetz previously lost arbitration procedures in the US and UK. The prosecutor described the accusati…
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Anonymous
Very good overview of the weekly steel market.
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