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Brazil's Vale sees no impact from BHP-Anglo American deal on Minas-Rio project
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Brazil's Vale sees no impact from BHP-Anglo American deal on Minas-Rio project
Apr 25, 2024 8:32 AM

April 25 (Reuters) - Brazilian miner Vale SA ( VALE )

sees no impact from BHP Group's ( BHP ) bid for Anglo American

on the latter's Minas-Rio project, its CEO, Eduardo

Bartolomeu, said on Thursday.

"We don't see any impact on the Minas-Rio deal. It's being

done, of course, by Anglo and will be respected by whoever comes

after, if they come after," said the CEO, during a conference

call with analysts on the firm's first-quarter results.

Questioned about potential interest in Anglo's assets,

Bartolomeo also said that Vale would "clearly" be interested,

but that it has "better options in-house".

"We are much more interested in accelerating and executing

our projects," said the executive.

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