Brazil miner Vale sees no near-term spin-off of base metals unit | Hellenic Shipping News Worldwide
The chief executive of Vale SA VALE3.SA said on Thursday the Brazilian iron ore miner is not looking into a near-term spin-off for its base metal, and the company later said the unit needs to be โtransformedโ before that longstanding plan can be carried out. โWe are not talking about a spin off yet. The ...
Source: hellenicshippingnews.com