{"id":234613,"date":"2023-08-14T20:31:25","date_gmt":"2023-08-14T12:31:25","guid":{"rendered":"https:\/\/charltonsnaturalresources.com\/?p=234613"},"modified":"2023-08-14T20:32:55","modified_gmt":"2023-08-14T12:32:55","slug":"saudi-arabias-maaden-acquires-10-stake-in-brazils-vale","status":"publish","type":"post","link":"https:\/\/charltonsnaturalresources.com\/en\/saudi-arabias-maaden-acquires-10-stake-in-brazils-vale\/","title":{"rendered":"Saudi Arabia\u2019s MA\u2019ADEN Acquires 10% Stake In Brazil\u2019s Vale"},"content":{"rendered":"[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;CNR NEWSLETTER&#8221; module_class=&#8221;cnl-wrapper&#8221; _builder_version=&#8221;4.16&#8243; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row admin_label=&#8221;Header&#8221; module_class=&#8221;cnr-nl-header&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Header&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-header\">\n<div class=\"cnl-type\">NATURAL RESOURCES<\/div>\n<div class=\"cnl-issue\">News<\/div>\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Logo&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Logo&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-logo\">\n<img decoding=\"async\" src=\"\/legal\/newsletters\/cnl_logo.jpg\" alt=\"Charltons Natural Resources\" \/>\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Banner&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Banner&#8221; _builder_version=&#8221;4.21.0&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-banner\">\n<div class=\"cnl-banner-image\"><img decoding=\"async\" src=\"\/legal\/news\/2023\/08\/saudi-arabias-maaden-acquires-10-stake-in-brazils-vale.jpg\" alt=\"Saudi Arabia\u2019s MA\u2019ADEN Acquires 10% Stake In Brazil\u2019s Vale\" \/><\/div>\n<div class=\"cnl-title\" style=\"background-color:rgba(0,0,0,0.2)\">\n<div>\n<span>August 2023<\/span>\n<h1>Saudi Arabia\u2019s MA\u2019ADEN Acquires 10% Stake In Brazil\u2019s Vale<\/h1>\n\n<\/div>\n\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Text&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<p>&nbsp;<\/p>\n<p>In a move to expand its asset portfolio, Saudi Arabian mining company Ma\u2019aden plans to buy a 10% stake in Brazil\u2019s Vale. The deal was made through Ma\u2019aden\u2019s joint venture Manara. The agreement, signed on 27 July, is based on Vale\u2019s enterprise value of $26 billion. The company hopes this investment will boost the production of copper and nickel, both important for development of new technologies crucial for global energy transition. Funded by Ma\u2019aden, the deal awaits regulatory approval and is expected to be finalised by early 2024.<\/p>\n\n<p>Source: <a href=\"https:\/\/www.reuters.com\/markets\/deals\/saudi-arabias-maaden-acquire-10-brazil-base-metals-firm-statement-2023-07-30\/\" target=\"_blank\" rel=\"noopener\">https:\/\/www.reuters.com\/markets\/deals\/saudi-arabias-maaden-acquire-10-brazil-base-metals-firm-statement-2023-07-30\/<\/a><\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Button Navs&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;navs&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-bott-navs\">\n<div><span><\/span><a href=\"https:\/\/charltonsnaturalresources.com\/en\/de-beers-uncovers-first-diamonds-in-2-3bn-venetia-underground-mine-expansion\/\" target=\"_self\">De Beers Uncovers First Diamonds In $2.3bn Venetia Underground Mine Expansion<\/a><\/div>\n<div><a href=\"https:\/\/charltonsnaturalresources.com\/en\/codelco-lowers-2023-copper-forecast-following-operational-challenges\/\" target=\"_self\">Codelco Lowers 2023 Copper Forecast Following Operational Challenges<\/a><span><\/span><\/div>\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Legal Advice&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Legal Advice&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-legal-advice\">\n<h3>This newsletter is for information purposes only.<\/h3>\n<p>Its contents do not constitute legal advice and it should not be regarded as a substitute for detailed advice in individual cases.\nTransmission of this information is not intended to create and receipt does not constitute a lawyer-client relationship between Charltons and the user or browser.\nCharltons is not responsible for any third party content which can be accessed through the website.<\/p>\n<p>If you do not wish to receive this newsletter please let us know by emailing us at <a href=\"mailto:unsubscribe@charltonslaw.com\">unsubscribe@charltonslaw.com<\/a><\/p>\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row disabled_on=&#8221;on|on|on&#8221; admin_label=&#8221;Footer&#8221; _builder_version=&#8221;4.16&#8243; disabled=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Footer&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-footer\">\n        <div class=\"cnl-footer-award\">\n                <div>\n                       <img decoding=\"async\" src=\"\/legal\/newsletters\/cnl_logo_footer.png\">\n                        <h2>Boutique Transactional Law Firm of the Year 2020<\/h2>\n                        <span>Asian Legal Business Awards<\/span>\n                <\/div>\n        <\/div>        \n<\/div>\n<div class=\"cnl-foot-address\">\n        <div>Hong Kong Office: Dominion Centre, 12th Floor, 43-59 Queen\u2019s Road East, Hong Kong Tel: + (852) 2905 7888 Fax: + (852) 2854 9596<\/div>\n        <div>Website: <a href=\"https:\/\/www.charltonslaw.com\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.charltonslaw.com<\/a><\/div>\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]","protected":false},"excerpt":{"rendered":"<p>NATURAL RESOURCES News August 2023 Saudi Arabia\u2019s MA\u2019ADEN Acquires 10% Stake In Brazil\u2019s Vale &nbsp; In a move to expand its asset portfolio, Saudi Arabian mining company Ma\u2019aden plans to buy a 10% stake in Brazil\u2019s Vale. The deal was made through Ma\u2019aden\u2019s joint venture Manara. The agreement, signed on 27 July, is based on Vale\u2019s enterprise value of $26 billion. The company hopes [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":234618,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"fifu_image_url":"https:\/\/charltonsnaturalresources.com\/legal\/news\/2023\/08\/saudi-arabias-maaden-acquires-10-stake-in-brazils-vale.jpg","fifu_image_alt":"De Beers Uncovers First Diamonds In $2.3bn Venetia Underground Mine Expansion","footnotes":""},"categories":[23],"tags":[46],"class_list":["post-234613","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-https-charltonsnaturalresources-com-legal-news-2021-08-mineralised-zones-found-in-botswana-thumb-jpg","cat-23-id"],"_links":{"self":[{"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/posts\/234613","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/comments?post=234613"}],"version-history":[{"count":5,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/posts\/234613\/revisions"}],"predecessor-version":[{"id":234620,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/posts\/234613\/revisions\/234620"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/media\/234618"}],"wp:attachment":[{"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/media?parent=234613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/categories?post=234613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/tags?post=234613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}