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Brazil miner Vale sees no near-term spin-off of base metals unit | Hellenic Shipping News Worldwide - Vimarsana News

Brazil miner Vale sees no near-term spin-off of base metals unit | Hellenic Shipping News Worldwide

Published: October 8, 2021

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 “transformed” before that longstanding plan can be carried out. “We are not talking about a spin off yet. The ...

Source: hellenicshippingnews.com
Related Topics:
David GregorioMarcelo RochabrunEduardo BartolomeoChief Executive OfficerFinancial Time Mining
Brazil miner Vale says spin-off of base metals unit no longer planned - Vimarsana News

Brazil miner Vale says spin-off of base metals unit no longer planned

Published: October 7, 2021

The chief executive of Brazilian iron ore miner Vale SA said on Thursday the company has stopped looking into a spin-off for its base metal division, a longstanding plan of the company.

Source: reuters.com
Related Topics:
David GregorioMarcelo RochabrunEduardo BartolometoThomson Reuters Trust PrinciplesChief Executive OfficerFinancial Time MiningThomson Reuters Trust