Vale May Cooperate With Petrobras on Rare Earth Project

IBTimes reported that Vale SA (FRA:CVLD) said it is open to a collaboration on rare earth with Brazil state-owned Petroleo Brasileiro SA.

As quoted in the market news:

Last week, Vale SA and Petrobras finalised an agreement that will pave the way for cooperation projects on fertilisers raw materials, oil, gas and biodiesel, areas of which both Brazilian firms hold interests.

Click here to read the full IBTimes report.