Beny Steinmetz counter-attacks Vale in Simandou saga, insisting it was aware of licence risks

Beny Steinmetz, CEO of Beny Steinmetz Group Resources
Beny Steinmetz, CEO of Beny Steinmetz Group Resources © Shaun Curry/Financial Times-REA
In his latest legal broadside against Vale about a joint venture on Guinea's Simandou iron ore project, Israeli businessman Beny Steinmetz rejects all accusations of wrongdoing. Claiming that the Brazilian mining giant knew the score before teaming up with his company, Steinmetz says it cannot now sue him on this front. [...]
Published on 27.05.2020 at 05:00 GMT Reading time 2 minutes
Further reading
On our other sites

Sign up for real-time alerts and be notified of new editions!  

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!