05
Dec
00:00
Vale moves to offload some of Mozambique met coal assets
Brazil’s Vale confirms to Kallanish that it is in “ongoing negotiations with a potential investor” over its Moatize metallurgical coal and logistics operation in Mozambique. No further details of the potential investment are given
This follows media reports linking Japanese trading house Mitsui & Co with the deal. A report by Reuters quoted unnamed sources as saying that Mitsui will buy 15% of the mine for about $450 million from the Br…
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Anonymous
Very good overview of the weekly steel market.
Anonymous