Indonesian state-controlled miner PT Aneka Tambang (Antam) has acquired a 30% stake worth $102 million in a smelter owned by a subsidiary of Chinese stainless steel giant Tsingshan Holding Group, the company said in an exchange filing.
Vale (NYSE: VALE) is considering a potential public listing for its base metals unit by the end of 2026, according to the chair of Vale Base Metals (VBM), Mark Cutifani.