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25 Sep
09:47

Court allows Vale to enforce Guinea arbitration award

Vale can enforce its $2 billion arbitration award obtained against its former business partner in Guinea, BSG Resources (BSGR), the Brazilian miner tells Kallanish. The English High Court ruled on 20 September that Vale can proceed with the enforcement in England, the miner says in a note. “Vale intends to continue with its actions to enforce the award against BSGR, and is currently pursuing court action against BSGR in New York, as well as …
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