Vale do Rio Doce (CVRD), Brazilian mining giant, is planning to increase its Beleverde coal joint venture (JV) shareholding in Australia to 75.5% from a previous 51%. The news is confirmed by Aquila Resources Inc. (TSX: AQA), an exploration company with interests in coal and iron ore.
Vale’s subsidiary Rio Doce Australia will be be owning […]
Vale do Rio Doce (CVRD), Brazilian mining giant, is planning to increase its Beleverde coal joint venture (JV) shareholding in Australia to 75.5% from a previous 51%. The news is confirmed by Aquila Resources Inc. (TSX: AQA), an exploration company with interests in coal and iron ore.
Vale’s subsidiary Rio Doce Australia will be be owning AMCI which is Aquila’s JV partner in the project.