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,...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Memorandum

Case Information

Case Title

Vale International S.A. et al

Case Number

Court

New York Southern

Nature of Suit

Date Filed

April 24, 2020

Recent Articles By Caroline

November 19, 2024
Argentina Must Face $54M Sewage Award Suit, Judge Says
November 06, 2024
Contractor Seeks Redo In Guatemala Power Plant Award Fight
October 16, 2024
11th Circ. Won't Nix OK Of Guatemalan Power Plant Award
September 23, 2024
PDVSA Can't Escape Oklahoma Co.'s Expropriation Suit
September 06, 2024
DC Circ. Could Revive Energy Co.'s $1.1B Angola Suit
June 28, 2024
Colombia Fends Off Real Estate Project Seizure Claim
June 14, 2024
Russian Businessman's Fight To Enforce $92M Award Ends
June 03, 2024
Some Racketeering Claims In $92M Award Suit Can Proceed
May 30, 2024
Curaçao Expropriation Suit Tossed Over Sovereign Immunity
April 08, 2024
2nd Circ. OKs Turnover Order In HNA $185M Award Feud