Vale Completes Coal Asset Sales to Colombian Natural Resources

Industrial Metals

Reuters reported that Vale (NYSE:VALE) has sold two Colombia-based coal properties to Goldman Sachs-owned Colombian Natural Resources.

Reuters reported that Vale (NYSE:VALE) has sold two Colombia-based coal properties to Goldman Sachs-owned Colombian Natural Resources.

As quoted in the market news:

Under an agreement signed last month, Vale said it would sell 100 percent of its coal mines El Hatillo and Cerro Largo in the department of Cesar, and its port terminal Sociedad Portuaria Rio Córdoba on the Caribbean coast.

Click here to read the full Reuters report.

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