Vale will seek to spin off copper and nickel business, CEO says

Oct. 21, 2022 7:17 PM ETVale S.A. (VALE)By: Carl Surran, SA News Editor33 Comments

Nickel is a chemical element, pure industrial use or in metal alloys, corrosion resistant, stainless steel

RHJ/iStock via Getty Images

Vale (NYSE:VALE) is reconsidering a near-term spinoff of its base metals business and an eventual public listing, ring-fencing the copper and nickel unit from the iron ore business, CEO Eduardo Bartolomeo said Friday.

Rather than

Recommended For You

Comments (33)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.