Vale and Anglo discuss joint development of Serpentina using Minas-Rio

Capt. John

Vale SA has begun “preliminary discussions” with Anglo American PLC regarding a potential partnership at its Serpentina project adjacent to Anglo’s Minas-Rio iron ore mine project, the Brazilian miner said on Tuesday. A potential partnership could leverage Anglo’s “processing and logistics infrastructure” from Minas-Rio, which includes a mine, a transport pipeline and a port in …

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