{"id":265128,"date":"2019-12-27T10:42:45","date_gmt":"2019-12-27T13:42:45","guid":{"rendered":"https:\/\/anba.com.br\/?p=265128"},"modified":"2019-12-27T10:54:40","modified_gmt":"2019-12-27T13:54:40","slug":"vale-sells-of-stake-in-chinas-henan-longyu","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/vale-sells-of-stake-in-chinas-henan-longyu\/","title":{"rendered":"Vale sells of stake in China\u2019s Henan Longyu"},"content":{"rendered":"<p>S\u00e3o Paulo \u2013 Mining company Vale of Brazil agreed to sell the entirety of its 25% stake in China\u2019s Henan Longyu Energy Resources to the latter\u2019s parent company the Yongmei Group, in a USD 125 million deal.<\/p>\n<p>The Chinese company operates two coal mines and makes metallurgical and thermal coal out of the Henan province. Henan Longyu is a subsidiary of the Yongmei Group, which in turn is an arm of the Henan Energy and Chemical Industry Group.<\/p>\n<p>The deal is slated for conclusion in Q1 2020 as part of Vale\u2019s strategy to streamline its portfolio and capital allocation.<\/p>\n<p><strong>Translated by Gabriel Pomerancblum<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-265124\">Press Release<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Brazilian mining company reached a deal to divest from its minority position in the Chinese enterprise.<\/p>\n","protected":false},"author":2316,"featured_media":265124,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[13255,13253,13256,2028,11976,13257],"class_list":{"0":"post-265128","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-coal","9":"tag-henan-longyu-energy-resources","10":"tag-henan-longyu-energy-resources-en","11":"tag-mining","12":"tag-vale-en","13":"tag-yongmei-group-en"},"wps_subtitle":"The Brazilian mining company reached a deal to divest from its minority position in the Chinese enterprise. ","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/265128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=265128"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/265128\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/265124"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=265128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=265128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=265128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}