[ TRANSACTION RECORD ]

Vale S.A. Investment in Aliança Norte — 2023

VERIFIED VECTOR ID: 001531 · tx-059
M SOURCE NODE — FUNDER
Vale S.A.
Mining Brazil
$2,500,000,000
EQUITY
27/07/2023
Q DESTINATION NODE — RECIPIENT
Aliança Norte
Company Brazil
Amount (USD)
$2.5B
Flow Type
EQUITY
Transaction Date
27/07/2023
Primary Source
View Filing ↗
Funder Profile [ M ]
Entity Vale S.A.
AUM 85000
HQ Location Brazil
Sector Mining
Recipient Profile [ Q ]
Entity Aliança Norte
Entity Type Company
Jurisdiction Brazil
Intelligence Note

Vale S.A. sold a 13 percent stake in its base metals business, Aliança Norte, to a consortium of institutional investors for 2.5 billion dollars. The transaction is aimed at accelerating the production of nickel and copper for the energy transition. This deal represents a significant capital injection into South American critical mineral mining.

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Primary Forensic Source https://www.vale.com/news-detail?contentid=1029/
✓ SOURCE LINKED