The company concluded the sales deal of the thermal coal operations as a part of its strategy to optimize its asset portfolio.
The thermal coal assets include a fully-integrated mine-railway-port system consisting of a coal mine and a coal deposit; a coal port facility; and an equity participation in a railway connecting the coal mines to the port.
Vale’s growth and value creation strategy constitutes a multilane road, in which active portfolio asset management is used to optimize capital allocation.
Vale is a Brazilian multinational diversified metals and mining corporation and logistics operator in the country.
