01
Apr
01:00
Vale offloads more non-core assets
As the iron ore price plunge continues, the world’s biggest iron ore miner Vale announces that it has offloaded 49% of its share in what the company refers to as a “… non-core asset”.
Brazil's Vale has sold 49% of its participation in the project of the Belo Monte hydroelectric plant to Cemig Geração e Transmissão S.A, the miner tells Kallanish. The acquisition, crafted through transactions involving No…
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Anonymous
Very good overview of the weekly steel market.
Anonymous