Tag Archives: Vale

Anglo American Acquires Vale’s Serpentina Iron Ore Resource for Integration into Minas-Rio Mine

(IN BRIEF) Anglo American plc announces its acquisition of Vale SA’s high-quality iron ore resource, Serra da Serpentina, to integrate it into its Minas-Rio mine in Brazil. This transaction, facilitated by Vale’s contribution of Serpentina and cash, enables Anglo American … Read the full press release

Hydro now owns 100% of Mineração Paragominas S.A. MPSA’s shares

Hydro completed the acquisition of Vale’s remaining shareholding in Mineração Paragominas S.A. (MPSA) on December 15, 2016. OSLO, 16-Dec-2016 — /EuropaWire/ — The transaction is the second and final step of the MPSA put/call arrangements agreed in 2011 in connection with … Read the full press release

Hydro signs LoI with Vale for acquisition of Vale’s 40% interest in Brazilian bauxite producer Mineração Rio do Norte (MRN)

Hydro has signed a Letter of Intent (LoI) with Brazilian mining company Vale for the possible acquisition of Vale’s 40% interest in Brazilian bauxite producer Mineração Rio do Norte (MRN), which would strengthen Hydro’s global position as a long player … Read the full press release