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Yanzhou Looks To Buy Vale SA’s Integra Property
May. 09, 2012 08:28PM PST
Industrial Metals InvestingBloomberg reported that Yanzhou Coal (NYSE:YZC) is one of several groups interested in buying Vale’s (EPA:VALE5) Australia-based Integra coal mine.
Bloomberg reported that Yanzhou Coal (NYSE:YZC) is one of several groups interested in buying Vale’s (EPA:VALE5) Australia-based Integra coal mine.
As quoted in the market news:
Yanzhou and potential buyers from India are studying data on the Integra coal mine in New South Wales state and may make final offers as early as this month, said the people, declining to be identified as the process is private.