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Vale selling Moz mine, rail corridor to Vulcan Minerals

December 22, 2021December 22, 2021 Miners News

Brazilian-based miner Vale has confirmed in a regulatory securities filing notice that it is selling its Moatize coal operation and Nacala logistic corridor in Mozambique to Jindal Group subsidiary Vulcan Minerals in a $270 million deal.

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Africa, Featurecoal, divestment, Mozambique, Vale, Vulcan Minerals

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