04
Dec
09:58
Vale completes non-core assets divestment
Brazilian miner Vale tells Kallanish that it has concluded the sale of its 40% stake in bauxite producer Mineração Rio do Norte (MRN) to Norwegian aluminium and renewable energy company Norsk Hydro. With this transaction, Vale completed its major divestment program, which involved selling more than 10 non-core assets since 2019.
“Vale has been able to simplify and de-risk its business exposure, eliminating expenditures of up to $2.0 billi…
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Anonymous
Very good overview of the weekly steel market.
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