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Stock impact report

Japan's Mitsui may raise its stake in Vale-executive [Reuters]

VALE S.A. American Depositary Shares Each Representing one common share (VALE) 
Last vale s.a. american depositary shares each representing one common share earnings: 4/29 04:02 pm Check Earnings Report
US:NYSE Investor Relations: vale.com/en/investors/pages/default.aspx
Company Research Source: Reuters
Japan's Mitsui may raise its stake in Vale-executive | Reuters Reuters Staff 3 Min Read * Key focus is expanding iron ore output * May invest in battery-related metals assets * Has basic agreements for 10 mln tpy for Mozambique LNG project By Yuka Obayashi and Yoshiyasu Shida TOKYO, July 6 (Reuters) - Japanese trading house Mitsui & Co may boost its stake in Brazil’s Vale SA if other shareholders sell part of their holdings, a senior executive said, giving it greater influence over the iron ore giant’s management. Several Brazilian pension funds and BNDESPar, the investment arm of state development bank BNDES have been considering the sale of part of their stakes in Vale, equating to about 3 percent of the miner’s shares in total and worth up to 8 billion reais ($2 billion). Buying an additional stake was “an option”, Yukio Takebe, Mitsui’s senior executive managing officer who oversees the energy and metals business, told Reuters in an interview on Thursday. “We want to keep being in Show less Read more
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