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Vale to sell 13% stake in base metals unit for $3.4 billion

Staff Writer | July 27, 2023 | 4:25 pm Battery Metals Energy News Top Companies Asia Latin America Copper Nickel 

Vale (NYSE: VALE) has reached two separate agreements to sell a total 13% stake in its transition metals business, Vale Base Metals (VBM), for total consideration of $3.4 billion, with the aim of fast-tracking its production of copper and nickel....

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