Rejected Highveld bidder GRE 'in negotiations' to buy Vanchem, Stratcor, Vametco

Global Renewable Energy, the Isle of Man-registered company whose bid for troubled South African company Evraz Highveld Steel and Vanadium was rejected, is negotiating for the purchase of Vanchem Vanadium Products, Vametco and Stratcor, Metal Bulletin understands.

Evraz Highveld’s business rescue practitioners said during a presentation to creditors that GRE was in talks with Duferco, the parent company of Vanchem, and Evraz PLC, the parent company of...

Published

Claire Hack

October 12, 2015

17:21 GMT

New York