Vale to Sell Moatize Coal Mine to Vulcan for $270 Million ...
The brazilian mining company Vale announced today that it has sold its operation in Mozambique to Vulcan Minerals for $270 million, consummating the disposal of coal assets and consequent exit from the African country."Vale S.A. informs that on this date it has entered into a binding agreement with Vulcan Minerals to sell the Moatize coal…