- Write by:
-
Friday, May 19, 2023 - 13:59:53
-
114 Visit
-
Print
Mining News Pro - Brazilian miner Vale SA received binding offers for a stake in its base metal unit, local newspaper Valor Economico reported on Thursday, citing unnamed sources.
Vale would sell 10% of the unit worth around $2.5 billion, the newspaper reported, adding the binding offers are likely to be analyzed next Thursday by the company’s board.
Earlier this year, Vale said it expected an advance in its efforts to sell its stake to come in the first half of this year.
The company’s press office declined to comment.
Short Link:
https://www.miningnews.ir/En/News/622944
Iron ore futures prices drifted higher on Thursday as the latest soft data from top consumer China triggered renewed ...
Peru’s Las Bambas copper mine, owned by China’s MMG, is facing renewed blockades of a key transport route after failed ...
French mining group Eramet said on Wednesday it had reached an agreement with the French government to continue its ...
Vitol Group confirmed that it’s starting to rebuild a trading book for metals after a long stint out of the market, with ...
Chinese investors are snapping up stocks tied to high-flying metals from copper to gold, aiding an onshore market facing ...
Copper traded near a 15-month high as supply concerns and brighter demand prospects triggered a slew of bullish calls on ...
Copper jumped to its highest intraday price since January 2023 as the bellwether industrial metal faces rising tighter ...
Australia’s Fortescue said on Monday it would form a joint venture with OCP Group to supply green hydrogen, ammonia and ...
Mining News Pro - Amir Khormishad, the CEO of the National Copper Industries Company of Iran, announced the 49% growth ...
No comments have been posted yet ...