CAPITAL MARKETS

Vale buys out AMCI stake in Belvedere

VALE has acquired private company AMCI's 24.5% stake in the $A2.81 billion Belvedere hard coking ...

Blair Price
Vale buys out AMCI stake in Belvedere

The giant Brazilian miner now owns 75.5% of Belvedere and still holds the option to scoop up the remaining 24.5% stake held by Aquila Resources from June 4 until December 3, 2012. Vale has advised shareholders...

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