Vale may unload stake in MRN

Jul 19, 2013 | 12:28 PM | Carolina Guerra

Tags  Vale, Mineracao Rio do Norte, Murilo Ferreira, bauxite, aluminum, Norsk Hydro, Carolina Guerra

SÃO PAULO — Vale SA is considering selling its 40-percent stake in Brazilian bauxite producer Mineração Rio do Norte SA (MRN).

"There are noncore assets which are being evaluated that can become divestment targets, and that includes MRN," Vale chief executive officer Murilo Ferreira was quoted....

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