Steinmetz says probe against Vale “alive, well and kicking”
The billionaire claims Vale is misleading investors by claiming local prosecutors had closed an investigation into alleged illegal practices related to Simandou.
The court is scheduled to hear the details of the settlement agreement on Sept. 13, and is slated to make a decision on the case by Oct. 4, the FNE said in a statement.
Glencore expects its recently acquired Brazilian fuel distribution company Ale Combustíveis SA to pursue growth opportunities without making acquisitions.
Hydro was ordered to slash output by half at Alunorte after the company admitted to making unlicensed emissions of untreated water during severe rains.
BHP will gain access to SolGold's Cascabel project, in northern Ecuador, believed to have the potential to become one of the largest copper-gold assets ever discovered.