Exclusive: Vale delays sale of stake in New Caledonia nickel mine - sources Nov 17 2017 [Reuters]
VALE SA (VALE.P)
US:NYSE Investor Relations:
vale.com/en/investors/pages/default.aspx
Company Research
Source: Reuters
Exclusive: Vale delays sale of stake in New Caledonia nickel mine - sources | Reuters 3 Min Read NEW YORK/VANCOUVER (Reuters) - Vale SA ( VALE5.SA ) has decided to postpone the sale of a stake in its New Caledonia nickel mine after the initial bids for the asset came in at the lower end of expectations, two people with knowledge of the matter said. The sale may be delayed for up to a year, as the Rio de Janeiro-based company anticipates a rebound in nickel prices, the sources said, requesting anonymity because they were not authorized to address the matter publicly. One source said Vale was seeking an investment of $500 million to $1 billion in New Caledonia, which has suffered technical setbacks, a chemical spill and violent protests. The company has recently reduced its debt burden - one of the aims of recent divestment efforts - and new Chief Executive Officer Fabio Schvartsman is running a broad strategic review. Vale had been in talks with Chinese battery recycler GEM Co Ltd (
Show less
Read more
Impact Snapshot
Event Time:
VALE.P
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
VALE.P alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
VALE.P alerts
High impacting VALE SA news events
Weekly update
A roundup of the hottest topics