Vale looking for partners to help run coal business

Vale is looking for potential partners to help run its coal business, as part of the division's restructuring plan.

“We have started negotiations and we are moving towards a memorandum of understanding (MoU) [with interested parties] to sell a minority stake in the division,” Roger Downey, executive director of fertilisers and coal, said during Vale Day in New York on Monday December 2. The potential...


Ana Paula Camargo

December 02, 2013

19:35 GMT

São Paulo