Vale and ThyssenKrupp sign MoU

News by BMI Editorial

Brazilian mining group Vale S.A. and ThyssenKrupp Steel AG have signed a Memorandum of Understanding that Vale will increase its stake in ThyssenKrupp CSA Siderúrgica do Atlântico Ltda (CSA) to 26.87%, from its current 10% interest, through a capital infusion of €965M.

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Materials & Commodities America - South Brazil Iron Ore Places Rio de Janeiro Steel Steel Slabs ThyssenKrupp Vale

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