20
Nov
13:30
State becomes largest shareholder in Vale Indonesia
Mining Industry Indonesia (MIND ID) has signed a heads of agreement with Vale Canada Limited (VCL) and Sumitomo Metal Mining (SMM) that will see MIND ID become the largest shareholder of PT Vale Indonesia (PT Vale), Kallanish notes.
According to a public announcement sent by PT Vale on 18 November, VCL and SMM agreed to divest their equity interest in PT Vale of approximately 14% to MIND ID. This will make MIND ID the largest shareholder of PT Vale with a 34% stak…
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Kallanish Asia
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous