20
Apr
07:18
Vale advances on Mitsui Moatize stake acquisition
Vale has signed a definitive agreement with Mitsui to acquire its stake in the Moatize mine and Nacala Logistics Corridor (NCL), Kallanish learns from the Brazilian miner.
The completion of Mitsui´s exit is expected throughout 2021 subject to the usual conditions.
“The signing of the definitive agreement with Mitsui, as an initial stage for the divestment of the coal business, is in line with the strategy of discipline in the capital allocation a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous