BASE METALS

Vale's search for a base metals partner ongoing, as rumours of Saudi deal swirl

Brazilian mining giant Vale said on July 26 that it is still "actively looking" looking for partners for its base metals unit, after media reports that it is close to nailing down a deal with Saudi state-backed investors.

Brazilian newsroom*
Vale's search for a base metals partner ongoing, as rumours of Saudi deal swirl

 Vale made the statement in response to reports published by the Wall Street Journal earlier this week, that it is close to completing the sale of a 10% stake in its's base metals unit to a joint venture...

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