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-0.00049825610363717 -0.000996512207274518 0 -0.000996512207274518 -0.000996512207274518 0.000498256103637347 0.00298953662182373 0.0034877927254609
Stock impact report

Brazil Iron Said to Make $1 Billion Offer for Eurasian Resources Mine Project [Yahoo! Finance Canada]

VALE S.A. American Depositary Shares Each Representing one common share (VALE) 
Last vale s.a. american depositary shares each representing one common share earnings: 4/29 04:02 pm Check Earnings Report
US:NYSE Investor Relations: vale.com/en/investors/pages/default.aspx
(Bloomberg) -- Brazil Iron Ltd. has made an offer of about $1 billion to buy a South American mine project owned by Eurasian Resources Group, according to a person familiar with the matter. Most Read from Bloomberg The closely held British company is seeking to acquire ERG's Bahia Mineração, also known as Bamin, for its integrated mining and logistics project in northeast Brazil that includes an iron ore mine, a future deep sea port and rail link. Brazil Iron signed a non-disclosure agreement with Kazakhstan-backed ERG, said the person, who asked not to be identified discussing a private deal. Brazil Iron declined to comment. ERG didn't immediately respond to requests for comment. The project has drawn interest from Brazilian metals producer Vale SA and the nation's federal government, which has been trying to facilitate a deal in a bid to help develop infrastructure in the region. ERG's initiative needs a 30 billion reais ($5.3 billion) investment to expand mining operations Show less Read more
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