Vale Looks To Recover $500M Put Into Failed Mining Project

By Caroline Simson · April 27, 2020, 8:39 PM EDT

Brazilian mining company Vale SA is looking to claw back the $500 million it invested in a doomed Guinean mining project involving a mining company owned by Israeli billionaire Beny Steinmetz,...

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Case Information

Case Title

Vale International S.A. et al

Case Number

1:20-mc-00199

Court

New York Southern

Nature of Suit

Date Filed

April 24, 2020