Nearly a year after a dam at Samarco collapsed and unleashed a torrent of sludge that washed away villages, the two companies are still trying to figure out how to restart their joint venture
Tag: Vale
Posted inDaily Brief
Vale, Mitsui reach new terms on coal mine
Brazilian miner will earn $768m from asset sales in Mozambique
Posted inDaily Brief
Investors welcome latest LatAm trades
Last week’s bond deals were indicative of a positive shift for the region’s corporate issuers
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Vale finds window for jumbo bond sale
Brazilian iron ore miner latches onto a jump in commodity prices to issue $1bn in new notes
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Vale returns with jumbo bond
Brazilian miner tightens the yield on its first cross-border bond since September 2012
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Norsk Hydro drops Vale deal
Norwegian aluminium producer ends negotiations with Brazilian miner after signing a letter of intent in October last year
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Brazil sues Samarco
Federal prosecutors seek $44bn in damages from BHP-Vale joint venture for dam collapse
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Vale to sell CSA stake to ThyssenKrupp
Brazilian miner agrees to sell its 26.9% share in the steel plant to the German conglomerate
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Samarco agrees to pay dam disaster damages
Brazilian miner could spend more than $5.3bn on cleanup and compensation over the next 15 years
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Moody’s drops Vale to junk
Ratings agency does not see a recovery in iron ore prices before 2017