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Vale to Sell Moatize Coal Mine & Nacala Logistics to JSPL s Vulcan

Brazilian mining giant Vale has entered into a binding agreement with Vulcan to sell the Moatize coal mine and the Nacala Logistics Corridor in Mozambique

Vale to divest Mozambique coal assets to Vulcan Minerals for $270m

Vale has agreed to offload its Moatize coal mine in Mozambique to India's Jindal Group subsidiary Vulcan Minerals, in a deal worth $270m.

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