Steinmetz loses latest battle against Vale over Simandou
Beny Steinmetz. (Image taken from Beny Steinmetz’s website.) Billionaire Beny Steinmetz, the founder and owner of a company embroiled in a long-drawn-out...
Brazil
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Court suspends Vale’s $1.5bn deposit in Brumadinho case
Vale (NYSE: VALE) said on Friday that a new court decision had suspended 7.9 billion reais ($1.5 billion) in legal...
Sul Americana de Metais Inks 5G MoU with Huawei
Chinese group Honbridge Holdings Brazilian subsidiary Sul Americana de Metais signed a MoU with Huawei for 5G-driven development of unmanned...
