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State miner to acquire 20% stake in Vale Indonesia

MINING.COM Staff Writer | June 19, 2020 | 9:09 am Markets News Top Companies Asia Nickel 

Brazilian mining giant Vale (NYSE:VALE) announced on Friday that its Canadian subsidiary Vale Canada Limited (VCL) has reached an agreement to sell a 20% stake in the nickel producer PT Vale Indonesia to state-controlled PT Indonesia Asahan (Inalum). The sale...

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