Vale Denies It Weighed Buying Back Its Old Corumbá Mines

Mining Key Facts —The denial. Vale said it looked at reacquiring the Corumbá iron-ore mines and ruled the deal out. —The asset. Vale sold the mines to the Batista brothers’ J&F group in 2022 for about 1.2 billion US dollars. —The trigger. A press column reported a May dinner and mine visit involving senior Vale…