Vale gets hands on iron ore beneficiation technology with New Steel purchase

first_imgVale has entered into an agreement with Hankoe FIP to buy innovative iron ore beneficiation technology provider, New Steel, for $500 million.New Steel currently owns patents of dry processing concentration (fines dry magnetic separation) in 56 countries, which is expected to support Vale’s development of high-grade pellet feed initiatives.Vale said the transaction was expected to close in 2019, subject to certain conditions precedent, including approval by antitrust authorities in Brazil.One project that is expected to benefit from this acquisition is Vale’s 20 Mt/y Southeastern System pellet feed project, the company said.last_img

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Your weekend cinema trip Irish sinners Tom Cruise and Palestine

first_imgRotten Tomatoes critics’ rating: 95 per cent. Audience rating: 98 per cent WHICH NEW MOVIE release is worth the price of a cinema ticket this weekend?We’re here to help you decide just that, with these trailers.Edge of Tomorrow Source: Warner Bros. Pictures/YouTubeFor fans of: Loud noises, Groundhog DayAvoid if: You can’t cope with Tom Cruise being serious and breathyWell, that’s quite the trailer! Soldiers fighting to rid the world of an alien invasion are caught in a time loop of dying in combat and returning to fight again and again, increasing in knowledge and skill each time… kind of like respawning in a video game we guess. The radiant Emily Blunt stars alongside Tom Cruise. Rotten Tomatoes critics’ rating: 55 per cent. Audience rating: 100 per cent want to seeOmar Source: Fresh Movie Trailers/YouTubeFor fans of: Hany Abu-Assad’s 2005 film Paradise Now, The Battle of AlgiersAvoid if: You’re feeling tenseThis Palestinian thriller follows three childhood friends living in the West Bank and planning to kill an Israeli soldier. There’s also a love triangle, betrayal, chase scenes and stand offs. Tense stuff from Palestinian director Abu-Assad. Rotten Tomatoes critics’ rating: 90 per cent. Audience rating: 83 per centcenter_img Jimmy’s Hall Source: MOVIECLIPS Trailers/YouTubeFor fans of: Ken Loach, sticking it to the manAvoid if: You hated The Wind That Shakes the BarleyDescribed as director Ken Loach’s “sunniest” take on the tale of a dance hall in 1930s Ireland run by Irish communist Jimmy Gralton. Church and state leaders didn’t like the carry-on in the hall, from classes in the daytime to dancing at night, and Jimmy and the local parish priest come to blows. The film also deals with emigration, republicanism and idealism.last_img read more

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