BHPB sells Brazilian smelter stake

BRAZILIAN mining giant CVRD has paid $US27.5 million ($A37 million) for BHP Billiton’s 45.5% stake in aluminium smelting company Valesul in order to take 100% control of the company.

BHPB sells Brazilian smelter stake BHPB sells Brazilian smelter stake BHPB sells Brazilian smelter stake BHPB sells Brazilian smelter stake BHPB sells Brazilian smelter stake

Valesul’s primary asset is an aluminium smelter in the city of Santa Cruz in the Brazilian state of Rio de Janeiro.

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