Vale announced Monday that it plans to sell as much as 407 million shares (an approximate 22 percent stake) of Oslo, Norway-based aluminum producer Norsk Hydro ASA in order to cut costs and boost profits. Norsk Hydro is valued at about ...
Tags: Vale, Aluminum Shares
Mr Eivind Kallevik has been appointed Executive Vice President and Chief Financial Officer for the Norwegian aluminium company Norsk Hydro ASA. The appointment of Kallevik, currently head of Finance in Hydro's Bauxite & Alumina business ...
Tags: aluminium, Norsk Hydro ASA, aluminium industry, company news
Reuters reported that Brazil's Vale SA is in no rush to sell its stake in Norwegian aluminum group Norsk Hydro ASA. Mr Murilo Ferreira CEO of Vale said that the company which is scaling back investments and focusing more on core iron ore ...
Tags: core iron ore operations, oil and gas exploration, stake
Vale SA,the giant Brazilian mining company is in no rush to sell its 22%stake in Norway based aluminum company Norsk Hydro ASA. Mr Murilo Ferreira CEO of Vale said that"We will sell when it is showing value for Vale.The asset wasn't core ...
Tags: Vale SA, aluminum, mining, Norsk Hydro ASA