The logo of the Brucutu mine owned by Brazilian mining company Vale SA is seen in Sao Goncalo do Rio Abaixo, Brazil February 4, 2019. Reuters/Washington Alves
Vale to pay $2.5bn to settle liabilities in Mozambique mine corridor

Miner Vale SA will settle in advance liabilities of around $2.5bn related to the project finance for the Nacala logistic corridor (CLN) that serves a coal mine in Mozambique, the company said in a securities filing on Tuesday.

By Marta Nogueira 9 Jun 2021

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