Vale Canada, Sumitomo Metal ink initial deal for sale of stake in Indo nickel mining unit
State miner PT Mineral Industri Indonesia will become the largest shareholder of Vale Indonesia with 34% of shares.
Source: dealstreetasia.com
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Vale Canada Signs Agreement on Divestment of PT Vale Indonesia Equity Interest
TORONTO, Nov. 18, 2023 /PRNewswire/ -- Vale Base Metals Limited ("VBM") announced today that its wholly owned subsidiary Vale Canada Limited ("VCL") signed a
Source: thailand-business-news.com
Vale Canada, Sumitomo Metal sign initial agreement to sell 14% stake in Indonesia nickel miner
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...
Source: marketscreener.com
Vale Canada, Sumitomo Metal sign initial deal to sell 14% stake in Indonesian nickel miner
Mining company Vale Base Metals said its unit Vale Canada Ltd and Japan's Sumitomo Metal Mining Co. Ltd signed an initial agreement on Friday to sell a 14% stake in their Indonesian nickel mining unit...
Source: marketscreener.com
Vale Canada, Sumitomo Metal sign initial deal to sell 14% stake in Indonesian nickel miner
Upon completion, Vale Canada and Sumitomo will hold 33.9% and 11.5% respectively, down from 43.79% and 15.03%
Source: theglobeandmail.com