Vale expects to close deal for joint development of Mozambique project

Brazilian mining major Vale expects to announce a partnership to develop the Nacala corridor in Mozambique by the end of June, ceo Murilo Ferreira said.

“We are looking to close an agreement by the first half of 2014,” he told journalists in a conference call on Thursday February 27.

At the end of 2013, Vale...


Ana Paula Camargo

February 28, 2014

03:24 GMT

São Paulo