Tag: Vale acquisition

Vale confirms 30% stake in Ligga iron ore mine via $190 mln deal

Sep 24, 2026

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by

Adarsh Sahu

in Fines/Lumps

Vale secures long-term access to Ligga’s high-quality iron ore output Deal secures long-term access to additional Carajas iron ore Mysteel Global: Brazilian mining giant Vale S.A. has confirmed an agreement to acquire a 30% minority interest in Ligga S.A., a fellow Brazilian iron ore miner, through a capital contribution of approximately $190 million, according to…