The TEX Report Topics < Iron Ore > Home
HOME >> Topics List >> August, 2014 >> 05 (Tue)
Vale Signs MOU with JBIC on Operational Corp
Brazil's Vale S.A. signed a Memorandum of Understanding (MOU) with Japan Bank for International Cooperation (JBIC) to cooperate with each other in operation with a view to further strengthening a long term partnership.

Both parties will further discuss the possibilities of future financing to support the company's business in iron ore, coal, base materials and related infrastructure projects as well as increasing the partnership between Vale and Japanese companies.

The agreement shall remain in force for a period of three years. The MOU was signed on the occasion of the official visit of the Japanese Prime Minister Shinzo Abe to Brazil.
last modified : Fri 08 Aug, 2014 [10:17]
Copyright (C) 2004 The TEX Report Ltd. All Rights Reserved.