Brazil’s Vale sees no impact from BHP-Anglo American deal on Minas-Rio project

April 25 (Reuters) – Brazilian miner Vale SA sees no impact from BHP Group's 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.

(Reporting by Marta Nogueira; Editing by Steven Grattan)

Matt Earle

Matthew Earle is the Founder of MiningFeeds. In 2005, Matt founded MiningNerds.com to provide data and information to the mining investment community. This site was merged with Highgrade Review to form MiningFeeds. Matt has a B.Sc. degree with a minor in geology from the University of Toronto.

By Matt Earle

Matthew Earle is the Founder of MiningFeeds. In 2005, Matt founded MiningNerds.com to provide data and information to the mining investment community. This site was merged with Highgrade Review to form MiningFeeds. Matt has a B.Sc. degree with a minor in geology from the University of Toronto.

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