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cobalt investing

Metorex Says Vale Will Not Top Jinchuan Bid

Investing News Network
Jul. 11, 2011 03:46PM PST
Battery Metals Investing

Reuters Africa reported that Vale (NYSE:VALE) is not expected to beat Jinchuan Group’s bid for Metorex (JNB:MEMTX).

Reuters Africa reported that Vale (NYSE:VALE) is not expected to beat Jinchuan Group’s bid for Metorex (JNB:MEMTX).

The market news is quoted as saying:

Metorex is seen as a prized asset for a number of reasons including exposure to copper and cobalt resources in Zambia and the Democratic Republic of Congo at a time when the outlook for both commodities is bullish.

To read the full market news, click here.

cobalt resources cobalt investing nyse:vale
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