Vale sells stake in Mozambique coal project to Mitsui for $763m

[caption id="attachment_810587" align="aligncenter" width="600"] Truck transports coal in the Moatize mine. Credit: Marcelo Coelho/ Vale.[/caption] As anticipated last week, Vale (NYSE:VALE) has inked a deal with Japan’s second-largest trading house, Mitsui & Co., which will acquire a 15% stake in the Brazilian...