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Industry News

Appian Capital Advisory Sells Brazil’s Atlantic Nickel and Mineração Vale Verde

12 June 2023

Appian Capital Advisory, a Brazil-based mining asset manager, closed an agreement to exit nickel and copper mines Atlantic Nickel and Mineração Vale Verde through a sale to ACG Acquisition Company Limited, a SPAC listed on the London Stock Exchange, for USD1b in cash. ACG’s sponsors include Glencore, a multinational commodity trading company, and Stellantis, a global automotive manufacturing corporation. Read more