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J&F Says Corumbá Mines Are Not for Sale and Discards Vale as a Partner

Summary by Globo
J&F said, on Wednesday (15), that LHG Mining, the controller of the mining complex in Corumbá (MS), is not for sale, reiterating that it hired Citi to conduct a process for eventual divestment of minority participation in the asset. According to the holding of the brothers Joesley and Wesley Batista, the process is ongoing, with the receipt of several proposals, but discards having the Vale as a partner, because it is a direct competitor in the …

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J&F Says Corumbá Mines Are Not for Sale and Discards Vale as a Partner

J&F said, on Wednesday (15), that LHG Mining, the controller of the mining complex in Corumbá (MS), is not for sale, reiterating that it hired Citi to conduct a process for eventual divestment of minority participation in the asset. According to the holding of the brothers Joesley and Wesley Batista, the process is ongoing, with the receipt of several proposals, but discards having the Vale as a partner, because it is a direct competitor in the …

·Rio de Janeiro, Brazil
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Globo broke the news in Rio de Janeiro, Brazil on Wednesday, July 15, 2026.
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