Jinchuan Said to Be Considering Bid For Vale’s $1.1 Billion Target Metorex
Bloomberg reports that Jinchuan Group Co. may outbid Vale SA (NYSE:VALE) for Metorex Ltd. (PINK:MRXLY).
Bloomberg reports that Jinchuan Group Co. may outbid Vale SA (NYSE:VALE) for Metorex Ltd. (PINK:MRXLY).
Forbes reports a price estimate for Vale (NYSE:VALE,SAO:VALE5) at $42, which is roughly 30% ahead of market price.
Forbes reports that their price estimate for Vale (NYSE:VALE,SAO:VALE5) is $42, which is roughly 30% ahead of market price.
Business Week reports that Vale SA announces that the company's total nickel output will be cut by about 5 percent this year.
Fox Business reports Vale SA (NYSE:VALE) reports that in 2011 the company plans to start commercial nickel metal production at its Vale New Caledonia nickel plant.
Reuters reports that Vale (NYSE:VALE) announced that the company will lose around 5 percent of its total 2011 nickel production.
Nickel is a lustrous silvery-white, corrosion-resistant metal with a reddish tinge that has been used for thousands of years. A commonly over looked presence of modern day life, nickel is used in applications in buildings and infrastructure, household equipment, chemical production, and energy supply, to name a few.
Mineweb.com reports that diversified miner Vale (NYSE:VALE) will be paying a dividend of at least $4bln this year
AFP.com reports that the strike at the Vale (NYSE:VALE) mine in Voisey Bay is over
Reuters.com reports that Vale (NYSE:VALE) and the Voisey bay miners have reached a deal
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