Former Vale director has eyes on the Brazilian giant’s assets in Mozambique
Renato Torres, ex-director of Africa operations, is interested in the local portfolio of his former employer, including a mine and a major railway and port complex.
21/04/2021 at 17h41, by Africa Business+
After years of underperformance, will Vale‘s assets in Mozambique eventually find a taker? At least that is what ex-company manager Renato Torres hopes. According to sources familiar with the matter, the man who was director of African operations for Vale, the Brazilian mining and transport juggernaut, is interested in the assets of his former employer in Mozambique.
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