12
Dec
10:41
Vale buys Brazilian iron ore processor New Steel
Brazilian miner Vale says that it has signed an agreement with Hankoe FIP investors fund for the acquisition of New Steel iron ore and tailings processor company, Kallanish learns from the miner. New Steel develops innovative iron ore beneficiation technologies and it currently has patents for dry magnetic separation processes (FDMS) in 56 countries, Vale says in a note.
“The FDMS technology will support the development of Val…
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Anonymous
Very good overview of the weekly steel market.
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