Industrial Minerals


Vale in kaolin divestment talks

24 February 2010

by IM prices reporter

Brazilian mining giant negotiating the sale of its Para Pigmentos kaolin business

Keywords: Vale, kaolin, Para Pigmentos, Caemi, Cadam

Vale SA is negotiating the sale of its kaolin-producing subsidiary Para Pigmentos SA (PPSA), the Brazilian mining major revealed.

 

In its Q4 financial report, the company said: “As part of our portfolio management, we have entered into preliminary negotiations with the intention to sell our subsidiary...