Brazil's Vale denies postponing sale of New Caledonia mine stake

  • Tuesday, November 21, 2017
  • Source:ferro-alloys.com

  • Keywords:Vale nickel mine
[Fellow]Ferro-alloys.com:Brazil's Vale SA in a securities exchange filing on Monday denied that it had decided to postpone the sale of a stake in the New Caledonia nickel mine.
Brazil's Vale SA in a securities exchange filing on Monday denied that it had decided to postpone the sale of a stake in the New Caledonia nickel mine, saying it is continuing to look for a partner.
Reuters reported on Friday, citing sources, that the mining major would postpone the sale for up to a year after initial bids for the assets came in at the lower end of expectations.
 
  • [Editor:tianmichai]

Tell Us What You Think

please login!   login   register
  • Buy & Sell

 
Please be logged in to comment!