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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 โ€œtransformedโ€ before that longstanding plan can be carried out. โ€œWe are not talking about a spin off yet. The ...
David Gregorio Marcelo Rochabrun Eduardo Bartolomeo Chief Executive Officer Financial Time Mining

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