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Vale to sell Moatize coal mine to Vulcan for $270 million

Cecilia Jamasmie | December 21, 2021 | 6:28 am Energy Top Companies Africa Latin America Coal 

Vale (NYSE: VALE) is selling its Moatize coal mine and the Nacala logistic corridor, a multi-billion dollar port and rail project in Mozambique, to Vulcan Minerals (TSX-V: VUL) in a transaction valued at $270 million. The Brazilian mining giant said...

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