Reuters reports Vale has hired bankers to put together world's first ever cobalt streaming deal worth up to $500 million at its Voisey's Bay mine in Canada.
The world's largest mining and construction equipment maker beat market expectations for fourth quarter earnings and said its sales growth momentum is expected to continue in 2018.
DRC's proposed mining code, which industry has warned will stifle investment in the copper and cobalt-rich nation, sailed through Senate without opposition.