A Blog for Browsing Mining, Mineral Processing, and Metals Info

Beijing: Brazilian mining giant Vale has signed MOUs with two Chinese banks during Chinese president Xi Jinping’s recent visit in Brazil.

China’s Exim Bank has extended a $5bn credit facility to Vale over the next three years to buy or lease ships and shipping equipment from Chinese companies.

Read more at: http://sinoshipnews.com/News/Vale-signs-financing-deals-with-Chinese-Banks/3w3c2863.html