Mitsui & Co.

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companhia vale do rio doce and mitsui & co. - All News and Analysis

• Brazil: Stoffel leaves Caemi.

  - 2004-09-24

  Brazil, Sep 24, 2004 (Valor Economico /SABI via COMTEX) Hugo Stoffel is leaving the chairmanship of Caemi - fourth largest iron ore manufacturer of the world. According to non-official sources Stoffel would be leaving the company due to the management model that is being...

  Tags: Companhia Vale do Rio Doce, Mitsui & Co.

• BNDES acquires 8,5% stake in Valepar.

  - 2003-11-27

  Brazil, Nov 25, 2003 (Gazeta Mercantil/SABI via COMTEX) The president of the Brazilian development bank BNDES Banco Nacional de Desenvolvimento Economico e Social, Carlos Lessa, says that the acquisition, for R$1.5bil, of the 8,5% stake in Valepar, holding that controls the Brazilian mining company...

  Tags: Arcelor, Companhia Vale do Rio Doce, Mitsui & Co.

• Coimex Trading sets up terminal at Port of Santos.

  - 2003-10-24

  Brazil, Oct 24, 2003 (Jornal do Commercio/SABI via COMTEX) Coimex Trading, who has a j.v. with the Japanese trading Mitsui, is planning to set up an alcohol exports terminal at the Port of Santos, eying the auspicious Asian market. Crystalsev has also announced it is...

  Tags: Companhia Vale do Rio Doce, Mitsui & Co.

• Caemi schedules investments to expand capacity.

  - 2003-10-22

  Brazil, Oct 13, 2003 (Gazeta Mercantil/SABI via COMTEX) The new management of Caemi Mineracao e Metalurgia, controller of MBR Mineracao Brasileiras Reunidas, Caulim da Amazonia and MSL Minerais and important shareholder of MRS Logistica, plans to expand production capacity of MBR to up 40mil...

  Tags: Companhia Vale do Rio Doce, Mitsui & Co.

• CVRD completes Caemi' purchasing.

  - 2003-09-04

  Brazil, Sep 4, 2003 (Gazeta Mercantil/SABI via COMTEX) The Brazilian mining company CVRD Companhia Vale do Rio Doce completed the acquisition of 50% common stocks and 40% preferred' of Caemi Mineracao e Metalurgia, once held by Mitsui & Co, for US$426.4mil. The group will...

  Tags: Companhia Vale do Rio Doce, CVRD, Mitsui & Co.

• Vale acquires 42,9% of Caemi.

  - 2003-04-01

  Brazil, Apr 1, 2003 (Gazeta Mercantil/SABI via COMTEX) The Brazilian mining company CVRD Companhia Vale do Rio Doce it to announce the acquisition of 42,9% of Caemi' total capital, becoming the single controller with 60,2%. The remainder (60% of preferred capital) is in the...

  Tags: Companhia Vale do Rio Doce, Mitsui & Co.

• Previ to decide about Valepar ownership.

  - 2003-03-17

  Brazil, Mar 17, 2003 (Gazeta Mercantil/SABI via COMTEX) Previ, pension fund of the Brazilian state-owned bank BB Banco do Brasil' employees, shareholder of Valepar, holding controlled by the Brazilian mining company CVRD Companhia Vale do Rio Doce, has not started the negotiations with Mitsui...

  Tags: Banco do Brasil S.A., Companhia Vale do Rio Doce, Mitsui & Co.

• Caemi turns loss around in first quarter.

  - 2002-05-20

  Brazil, May 15, 2002 The Caemi holding company, which is controlled by CVRD Companhia Vale do Rio Doce and Mitsui, had a net profit of R$19.55mi in the first quarter, compared to a loss of R$19.8mil in the same period last year. The positive...

  Tags: Companhia Vale do Rio Doce, Mitsui & Co.

• MBR invests R$170mil to increase production.

  - 2002-03-25

  Brazil, Mar 25, 2002 The new controllers of Caemi - CVRD Companhia Vale do Rio Doce, and Japanese trading Mitsui - have recently approved investments of R$170mil in 2002 in the expansion program of the iron ore mining area, operated by MBR (Mineracaoes Brasileiras...

  Tags: Companhia Vale do Rio Doce, Mitsui & Co.

• Caemi shares are undervalued, says analyst.

  - 2002-01-29

  Brazil, Jan 28, 2002 Caemi, the mining company bought by Mitsui and CVRD Companhia Vale do Rio Doce last year is currently the object of analysis by bank economists who are predicting good fortune for the compamy this year following its acquisition. The price...

  Tags: Companhia Vale do Rio Doce, Mitsui & Co.