{"id":458272,"date":"2021-12-24T11:13:35","date_gmt":"2021-12-24T05:43:35","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=458272"},"modified":"2021-12-24T11:13:35","modified_gmt":"2021-12-24T05:43:35","slug":"brazils-vale-sells-coal-assets-to-jindals-vulcan-minerals-for-270-mn","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/brazils-vale-sells-coal-assets-to-jindals-vulcan-minerals-for-270-mn\/","title":{"rendered":"Brazil&#8217;s Vale sells coal assets to Jindal&#8217;s Vulcan Minerals for $270 mn"},"content":{"rendered":"<p>Brazilian mining company Vale has entered into a binding agreement with Jindal\u2019s Vulcan Minerals to sell the Moatize coalmine (Mozambique) and the Nacala Logistics Corridor (straddling Mozambique and Malawi) at $270 million.<\/p>\n<p>Vulcan is a private company and part of $18-billion Naveen Jindal Group. The deal comprises $80 million, which Vale will receive immediately, followed by the balance $190 million at the close of the transaction.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brazilian mining company Vale has entered into a binding agreement with Jindal\u2019s Vulcan Minerals to sell the Moatize coalmine (Mozambique) and the Nacala Logistics Corridor (straddling Mozambique and Malawi) at $270 million. Vulcan is a private company and part of $18-billion Naveen Jindal Group. The deal comprises $80 million, which Vale will receive immediately, followed by the balance $190 million at the close of the transaction.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,170,130],"tags":[],"class_list":["post-458272","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-coal-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/458272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=458272"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/458272\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=458272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=458272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=458272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}