Monday 8 December 2014

Otmane El Rhazi : Vale may seek to settle Rio Tinto lawsuit over Guinea iron-ore

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.



Rio Tinto declined to comment on Monday on whether it would be willing to settle a lawsuit it brought against Brazil's Vale SA over valuable iron-ore concessions in Guinea. Vale's general counsel said last Friday the company may consider seeking a settlement with Rio Tinto, depending on a judge's decision on whether to move the court case to London from New York.

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