Shareholders of nickel miner PT Vale Indonesia approved a rights issue that will facilitate the acquisition of a stake by Indonesia state mining holding company MIND ID, the company said in a statement late on Friday. Vale Canada and Japan's Sumitomo Metal Mining had agreed to sell 14% of the Indonesian unit to MIND ID to fulfil a divestment requirement to secure new mining permit. The statement said Vale Indonesia will issue 603 million new shares under a rights issuance.
Illuminating Sustainable Solutions: SOLAMENT™ Shines Bright at SXSW2024 With Groundbreaking Apparel Prototypes Solar-Smart Material Prototypes DOWN-LESS DOWN JACKET, BULK-LESS SOLAR SCARF & SHADE-LESS SUN HAT AUSTIN, Texas, March 07, 2024 (GLOBE NEWSWIRE) -- Sumitomo Metal Mining Co., Ltd. (TSE: 5713), headquartered in Tokyo, is delighted to announce its participation in South by Southwest (SXSW) 2024, the esteemed tech festival held in Austin, Texas, USA, to showcase SOLAMENT™, a revolutionary
FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) ("FPX" or the "Company") is pleased to announce that it has closed the private placement financing (the "Private Placement") with a new cornerstone strategic investor, Sumitomo Metal Mining Canada Ltd. ("SMCL"), a wholly-owned subsidiary of Sumitomo Metal Mining Co., Ltd. (TSE: 5713) ("SMM"), as previously announced in the Company's January 17, 2024 news release.