Vale, Inalum Plans to Sign Key Definitive Deals by End 2019

(Bloomberg) -- Companies target to complete the transaction within 6 months after the execution of definitive agreements, Vale Indonesia says in emailed statement on Monday.
* Vale Indonesia and its shareholders, Vale Canada Limited and Sumitomo Metal Mining Co. Ltd., signed a heads of agreement with Indonesia’s state-owned Inalum on Oct. 11
* Govt appointed Inalum as its representative to acquire Vale’s 20% divested shares

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