09
Dec
00:00
Mitsui takes stake in Vale's Mozambique coal project
Vale discloses that Japan’s Mitsui & Co will invest between $330-480 million in Brazilian company’s metallurgical coal mining operations in Mozambique, Kallanish learns. Mitsui will also invest in the Nacala Logistic Corridor (NLC), Vale confirms. This follows the miner’s heads-up to the market last week that it has had third party investment interest in its Moatize met coal project (see Kallanish 8 December).
Vale says that it has ente…
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Anonymous
Very good overview of the weekly steel market.
Anonymous