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21 Jun
11:32

Vale issues clarification on potential base metals partnership

Brazilian miner Vale says it cannot unveil details of potential negotiations on a partnership in its Energy Transition Metals division, following reports suggesting a $2.5 billion deal. The company issued a clarification statement to say it has been actively seeking a partner and taking “strategic actions” to boost the growth of its base metals division in Brazil, Canada and Indonesia over the past 18 months. It aims to supply critical minerals essent…
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