Vale says BSG ordered to pay it $1.25B

  • Wednesday, April 10, 2019
  • Source:ferro-alloys.com

  • Keywords:Vale, BSG
[Fellow]Vale says BSG ordered to pay it $1.25B

[ferro-alloys.com] Vale SA said on Tuesday a London arbitration court had ordered BSG Resources Limited to pay the iron ore miner $1.246 billion related to a dispute between the companies over a joint venture in Guinea.

The joint venture intended to explore for iron assets at the Simandou prospect, but the concession was revoked in 2014 by Guinea's government.

(Mining.com)

  • [Editor:王可]

Tell Us What You Think

please login!   login   register
  • Buy & Sell

 
Please be logged in to comment!