Mineração Vale Verde obtains $140 mm for project in Alagoas

Mineração Vale Verde (MVV), of British private equity firm Appian Capital, raised $140 mm in funding for the development of the copper concentrate project in Serrote, Alagoas, the companies said. MVV plans to finance all remaining costs for the development of the asset, indicating that there is now capital to carry it through to the production period, according to a statement.

Source: Money Times