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Tag Archives: mining
South Africa’s AECI announces investment plan in Brazil
South Africa’s AECI is looking to spend up to 1 billion rand ($148 million) on acquisitions of chemical companies in Brazil. AECI is a maker of industrials chemicals and explosives for the mining and manufacturing sectors. The Group has completed … Continue reading
Brazilian steelmaker CSN sells stake in Australian coal miner for $830 million
CSN or Companhia Siderurgica Nacional (NYSE: SID) struck a deal to sell its 19.9 percent stake in Australian coal miner Riversdale to mining giant Rio Tinto for $830 million (AUD$780 million), according to its securities filing. CSN, Brazil’s largest diversified … Continue reading
Brazilian banks mergers: BTG Pactual partners with SMBC and Itau buys stake in Carrefour Bank
In the past days, Brazilian banks mergers hit the news. First, it was Banco do Brasil, acting according to its internationalization strategy, just acquired another bank in Argentina. Now, BTG Pactual, an independent investment bank in Brazil, signed a memorandum of … Continue reading
Posted in Investment
Tagged Asia, BTG Pactual, Central America, investment bank, Japan, mining, South America, Sumitomo Mitsui Banking Corporation
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Lula in Guinea Conakry to support Vale
Lula was in Conakry, capital of Guinea last Tuesday (22/02/2011). The charismatic and prestigious ex- Brazilian president came for a ceremony about the beginning of the works of Vale in Guinea. Vale, the largest Brazilian company and the largest exporter … Continue reading
Rio to host international investment event next month
Exploring business opportunities in Brazil is a good excuse to go to Rio next month for the Rio Investment 2011. Investors from all over the world are expected in Rio from March 22-24 for Rio Investment 2011. A meeting place for … Continue reading
Posted in Brazil, Business, Event, Investment
Tagged Bolsa de Valores, Hedge funds, Hotels, Infocast, Iron, Maritime Construction, mining, Nuclear energy, Oil & Gas, Olympic games, Ports, Real Estate, Rio de Janeiro, roads, steel, Telecommunications, Transportations, Urban Mobility, World Cup
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Please welcome: EBX International, the latest Brazilian multinational
The Rio based EBX Group is planning to strengthen its presence outside Brazil and announced the openning of an office in New York to host EBX International. According to Eike Batista, chairman of the group: “with the creation of EBX and … Continue reading
Posted in Brazil, Business
Tagged EBX, Eike Batista, Logistics, mining, Multinational, New York, Oil
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Electricity consumption in May: Strong Growth
Electricity consumption in May went up 10.5% YoY, according to the Federal energy research bureau (EPE). Industrial segment was the main responsable for this figures. Industrial consumption reached +15.4% YoY. It means that industrial activity is growing fast.g relevant growth. … Continue reading
