Vale divestment plan for steelmaker CSP, bauxite miner MRN ‘ongoing’

Brazilian miner Vale is continuing with the process of divestment of two non-core assets: steelmaker Companhia Siderurgica do Pecem and bauxite miner Mineracao Rio do Norte, a company executive said April 28. “We’ve done a lot to clean up most of the non-core assets out of our portfolio and we just have two candidates left: CSP and MRN,” Gustavo Pimenta,…

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