Tag: Brazil
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Brazilian Miner Vale Plans Exit from Steel JVs, to focus on boosting Nickel Output
Brazil’s Vale SA plans to exit from its steel joint ventures in the country but aims to focus more on its mining business with ramp up of nickel output ahead of rising demand for electric batteries, the company revealed in an investor presentation this week. Vale has majority stakes in CSP (Companhia Siderurgica do Pecema)…