Vale buys Ligga

Vale (NYSE: VALE) confirmed it’s acquiring a 30% interest in Ligga to increase iron ore production, after the country’s stock exchange questioned why the deal hadn’t been disclosed to investors.... The post Vale buys Ligga iron ore stake for $190M  appeared first on The Northern Miner.

Vale (NYSE: VALE) has shelved plans for an initial public offering of its critical-minerals subsidiary Vale Base Metals (VBM) amid political opposition in Brazil to potentially losing control over strategic... The post Vale shelves base metals IPO: Globe appeared first on The Northern Miner.