Tag: Companhia Brasileira de Metalurgia e Mineração

Firms to acquire stake in niobium company

Japanese and Korean steel firms have entered into an agreement to acquire a 15% stake in Companhia Brasileira de Metalurgia e Mineração (CBMM) for USD 1.9 billion. JFE Steel Corporation, Nippon Steel Corporation, Sojitz Corporation, Japan Oil and Gas, and Metals National Corporation will acquire a 10%