11/17/2017 Vale announces the sale of its nitrogen and phosphate assets in Cubatão to Yara
(World News Brazil)

Rio de Janeiro, November 17, 2017 - Vale S.A. (Vale) informs that it entered into a quota purchase agreement with Yara International ASA, a company listed on the Oslo Stock Exchange, to sell its fully owned subsidiary Vale Cubatão Fertilizantes Ltda., which currently owns and operates the nitrogen and phosphate assets located in Cubatão, Brazil. The purchase price is US$ 255 million to be paid in cash upon the closing of the transaction contemplated by the purchase agreement, which is expected to occur in the...