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Companhia Vale Do Rio Doce Share News

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Brazil's Vale Sells Colombia Coal Assets To CPC For $407 Million

SAO PAULO -(Dow Jones)- Brazilian mining giant Vale SA (VALE, VALE5.BR) on Monday said it has agreed to sell its Colombian thermal coal assets to CPC S.A.S., a unit of privately-held Colombian Natural Resources SAS, for $407 million in cash. "The sale of the thermal coal in Colombia is part of our continual efforts to optimize our portfolio of assets," the company said in a statement. The deal is subject to regulatory approvals, Vale said. Vale's coal assets in Colombia include an integrated mine-railroad-port system, including 100% of the El Hatillo coal mine and the Cerro Largo coal reserves; 100% of the Rio Cordoba port, and an 8.43% equity stake in the Ferrocarriles Del Norte de Colombia SA, or Fenoco, railroad. -By Matthew Cowley, Dow Jones Newswires; +55 11 3544 7082; matthew.cowley@dowjones.com

Stock News for Companhia Vale Do Rio Doce (VALE)
DateTimeHeadline
05/25/201606:05:05Report of Foreign Issuer (6-k)
05/17/201608:15:53Report of Foreign Issuer (6-k)
05/16/201606:04:29Report of Foreign Issuer (6-k)
05/10/201606:06:52Report of Foreign Issuer (6-k)
05/05/201615:58:21Report of Foreign Issuer (6-k)
05/05/201606:05:56Report of Foreign Issuer (6-k)
05/05/201606:05:55Report of Foreign Issuer (6-k)
05/05/201603:03:00Mining Giants Hit by Brazil Suit -- WSJ
05/04/201612:32:00BHP, Vale Shares Plummet Following Brazil Dam Disaster Lawsuit
05/04/201604:30:00Global Stocks Slip as Raft of Data Cautiously Awaited
05/04/201600:30:00Most Asian Stock Markets Fall Amid Renewed Weakness in Oil
05/03/201621:30:00BHP, Vale Face $44 Billion Lawsuit Over Brazil Dam Disaster
05/03/201620:54:00BHP, Vale Face $44 Billion Lawsuit Over Brazil Dam Disaster
04/28/201609:20:04Report of Foreign Issuer (6-k)
04/28/201608:10:00Brazil's Vale Swings to Profit
04/28/201607:18:20Report of Foreign Issuer (6-k)
04/28/201606:59:00Brazil's Vale Posts Net Profit of $1.78 Billion
04/28/201606:20:37Report of Foreign Issuer (6-k)
04/28/201606:19:25Report of Foreign Issuer (6-k)
04/28/201606:18:49Report of Foreign Issuer (6-k)

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