Page 3 - Vale Base News Today

JAKARTA (Reuters) -Vale Base Metals said its Vale Canada unit and Japan's Sumitomo Metal Mining signed an initial agreement on Friday to sell a 14% stake in their Indonesian nickel mining unit to Indonesia's state miner. Vale Canada and Sumitomo signed the so-called heads of agreement to sell the shares to PT Mineral Industri Indonesia (MIND ID), the country's state mining holding company, Vale Base Metals said in a statement. Share divestment is a condition required by Indonesi...

JAKARTA (Reuters) -Vale Base Metals said its Vale Canada unit and Japan's Sumitomo Metal Mining signed an initial agreement on Friday to sell a 14% stake in their Indonesian nickel mining unit to Indonesia's state miner. Vale Canada and Sumitomo signed the so-called heads of agreement to sell the shares to PT Mineral Industri Indonesia (MIND ID), the country's state mining holding company, Vale Base Metals said in a statement. Share divestment is a condition required by Indonesi...

BluestOne will commence construction within two years of a plant near Onça Puma to process slag products into a solution to enhance carbon-efficient mineral fertilizers with broad use in the agricultural sector.

Exxon Mobil, Chevron and Occidental Petroleum are betting big on emerging technologies to extract lithium from drilling wastes and salt flats.

Investors may consider buying undervalued and dividend-paying Vale S.A. to benefit from its planned base metals unit separation. Learn more about VALE stock here.

These dividend stocks have discounted pricing and dependable dividends, creating strong upside potential and income opportunities.

Brazilian company Vale is weighing an initial public offering (IPO) or spinoff of its base metals arm after concluding the divestment of a 10% interest.

Vale and Glencore officials say they support changes the government says will make it easier and quicker to open a mine.

General Motors is considering acquiring a stake in Brazilian mining giant Vale’s base metals unit, reported Bloomberg News.

Vale S.A.s shares have been on quite a run since the end of November. Click here to read my analysis of VALE stock.