135:
114:
695:
331:
bought 100% of Caemi, Vale's stake at MBR reached 89.8%, that's because Vale became the owner of Caemi's 84.75% stake at MBR and Vale already indirectly owned 5.05% of MBR through its 9.9% stake at
690:
259:, this fact brings Caemi's total stake at MBR to 84.75%. Caemi's 84.75% participation at MBR is recognized at the company's 2005 Annual Report, which was Caemi's last.
557:
587:
705:
685:
432:
469:
700:
612:
583:
680:
346:
investors in order to become owner of 100% of MBR. This objective was achieved in May 2007 when Vale bought for $ 231 million 6.25% of
217:. The company also owned a stake in MRS LogĂstica, which owns a railway network in southeastern Brazil. Caemi's stock was traded on
29:
241:
457:
561:
409:
397:
390:
382:
378:
371:
328:
269:
178:
494:
295:
148:
436:
473:
358:
of $ 60.5 million and annual fee of $ 48.1 million for the next 30 years. Vale now owns 100% of MBR.
118:
458:
Datamonitor – Caemi
Mineraceo E Metallurgica SA – Company Research, Analysis Reports, News, Profile
230:
616:
247:
MBR until Vale acquired 100% of Caemi's capital in 2006 was owned by two companies: Caemi and
84:
237:, mining in 2005 over 50 million tonnes of iron ore or around 25% of Brazilian production.
277:
174:
374:
bought between 2001 and 2006 100% of Caemi's capital for a total cost of $ 3.2 billion.
662:
538:
527:
505:
143:
39:
637:
674:
251:(Empreendimentos Brasileiros de Mineração S.A.). Caemi had a 49% stake at MBR while
355:
291:
202:
73:
517:
SINFERBASE – Sindicato
Nacional da Indústria da Extração do Ferro e Metais Básicos
404:
deal worth $ 2.5 billion. In May the company's shares stopped being negotiated at
255:
owned the other 51% of the company. The problem is that Caemi also owned 70.1% of
350:
from the
Japanese investors and simultaneously leased the 13.75% left from the
516:
401:
315:
155:
127:
299:
58:
28:
311:
307:
233:
in 1965. MBR since 1971 had been the second biggest iron ore producer in
210:
194:
405:
240:
218:
214:
43:
386:
367:
303:
287:
234:
206:
170:
54:
648:
638:
SEC Info – Companhia Vale do Rio Doce, et al. – 20-F – For 12/31/01
506:
SEC Info – Companhia Vale do Rio Doce, et al. – 20-F – For 12/31/05
381:
bought for $ 278.7 million 16.82% of Caemi's capital then in 2003
351:
343:
177:
that ceased to exist in
December 2006 after it was merged into
338:
This meant that Vale had only to acquire the remaining 20% of
539:
SEC Info – Companhia Vale do Rio Doce – 20-F/A – For 12/31/00
185:. in english it means Auxiliary Company of Mining Companies.
239:
663:
SEC Info – Companhia Vale do Rio Doce – 20-F – For 12/31/06
495:
MBR, Minerações
Brasileiras Reunidas S.A., Company Profiles
286:
and in this group were included the following companies:
696:
Non-renewable resource companies disestablished in 2006
389:'s participation on Caemi for $ 426.4 million, raising
400:
purchased the remaining 39.8% of Caemi's capital in a
691:
Non-renewable resource companies established in 1942
528:
http://200.150.146.163/publique/media/DFP%202005.pdf
393:'s participation to 60.2% of Caemi's total capital.
276:since 2001, participation which was purchased from
154:
142:
125:
108:
100:
90:
80:
64:
50:
35:
613:"Portal NewsComex – LogĂstica e ComĂ©rcio Exterior"
658:
656:
607:
605:
552:
550:
548:
546:
427:
425:
282:Japanese investors owned the remaining 20% of
104:raw materials, logistics and railway transport
8:
21:
408:and then in December Caemi was merged into
183:Companhia Auxiliar de Empresas de Mineração
27:
20:
265:, besides Caemi had two other investors:
169:Mineração e Metallurgia S.A. was a major
229:Caemi started MBR in a partnership with
421:
225:MBR – Minerações Brasileiras Reunidas
7:
14:
22:CAEMI Mineração e Metalurgia S.A.
706:2006 disestablishments in Brazil
649:http://www.secinfo.com/svr4.173y
209:mines in the northern states of
134:
133:
113:
112:
16:Brazilian mining holding company
686:Companies based in Minas Gerais
1:
701:1942 establishments in Brazil
722:
681:Mining companies of Brazil
396:Finally on 31 March 2006
96:Augusto Antunes (founder)
26:
354:group in exchange for a
68:Quadrilátero FerrĂfero,
201:region of the state of
197:mines in the so-called
296:Mitsubishi Corporation
244:
412:and ceased to exist.
243:
476:on 21 September 2005
342:at the hands of the
138:$ 824 million (2005)
564:on 15 December 2007
362:Vale acquires Caemi
231:M. A. Hanna Company
23:
245:
193:The company owned
590:on 29 August 2007
323:Vale acquires MBR
290:, Nisshin Steel,
164:
163:
85:Nova Lima, Brazil
713:
665:
660:
651:
646:
640:
635:
629:
628:
626:
624:
615:. Archived from
609:
600:
599:
597:
595:
586:. Archived from
580:
574:
573:
571:
569:
560:. Archived from
554:
541:
536:
530:
525:
519:
514:
508:
503:
497:
492:
486:
485:
483:
481:
472:. Archived from
466:
460:
455:
449:
448:
446:
444:
439:on 23 March 2005
435:. Archived from
429:
137:
136:
116:
115:
31:
24:
721:
720:
716:
715:
714:
712:
711:
710:
671:
670:
669:
668:
661:
654:
647:
643:
636:
632:
622:
620:
611:
610:
603:
593:
591:
582:
581:
577:
567:
565:
556:
555:
544:
537:
533:
526:
522:
515:
511:
504:
500:
493:
489:
479:
477:
468:
467:
463:
456:
452:
442:
440:
431:
430:
423:
418:
364:
325:
278:Bethlehem Steel
227:
199:Iron Quadrangle
191:
175:holding company
130:
93:
70:Iron Quadrangle
17:
12:
11:
5:
719:
717:
709:
708:
703:
698:
693:
688:
683:
673:
672:
667:
666:
652:
641:
630:
619:on 6 July 2011
601:
575:
542:
531:
520:
509:
498:
487:
461:
450:
420:
419:
417:
414:
363:
360:
324:
321:
320:
319:
280:
272:owned 9.9% of
226:
223:
190:
187:
181:. Caemi means
162:
161:
158:
152:
151:
146:
140:
139:
131:
126:
123:
122:
117:$ 2.3 billion
110:
106:
105:
102:
98:
97:
94:
91:
88:
87:
82:
78:
77:
66:
62:
61:
52:
48:
47:
37:
33:
32:
15:
13:
10:
9:
6:
4:
3:
2:
718:
707:
704:
702:
699:
697:
694:
692:
689:
687:
684:
682:
679:
678:
676:
664:
659:
657:
653:
650:
645:
642:
639:
634:
631:
618:
614:
608:
606:
602:
589:
585:
584:"Reuters.com"
579:
576:
563:
559:
553:
551:
549:
547:
543:
540:
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529:
524:
521:
518:
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510:
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491:
488:
475:
471:
465:
462:
459:
454:
451:
438:
434:
428:
426:
422:
415:
413:
411:
407:
403:
399:
394:
392:
388:
384:
380:
377:Back in 2001
375:
373:
369:
361:
359:
357:
353:
349:
345:
341:
336:
334:
330:
322:
317:
313:
309:
305:
301:
297:
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289:
285:
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279:
275:
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268:
267:
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236:
232:
224:
222:
220:
216:
212:
208:
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200:
196:
188:
186:
184:
180:
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172:
168:
159:
157:
153:
150:
147:
145:
141:
132:
129:
124:
120:
111:
107:
103:
99:
95:
89:
86:
83:
79:
75:
71:
67:
63:
60:
56:
53:
49:
45:
41:
38:
34:
30:
25:
19:
644:
633:
621:. Retrieved
617:the original
592:. Retrieved
588:the original
578:
566:. Retrieved
562:the original
534:
523:
512:
501:
490:
478:. Retrieved
474:the original
464:
453:
441:. Retrieved
437:the original
395:
376:
365:
356:down payment
347:
339:
337:
332:
326:
292:Nippon Steel
283:
273:
262:
261:
256:
252:
248:
246:
228:
203:Minas Gerais
198:
192:
182:
166:
165:
156:Subsidiaries
81:Headquarters
74:Minas Gerais
69:
36:Company type
18:
623:18 December
594:18 December
568:18 December
480:14 December
443:12 December
675:Categories
416:References
402:stock swap
385:purchased
316:Kobe Steel
189:Operations
160:CADAM, MBR
128:Net income
92:Key people
300:JFE Steel
171:Brazilian
59:Logistics
370:company
352:Japanese
344:Japanese
312:Marubeni
308:Sumitomo
195:iron ore
101:Products
51:Industry
470:"CAEMI"
433:"CAEMI"
406:Bovespa
310:Group,
219:Bovespa
173:mining
109:Revenue
65:Founded
44:Bovespa
558:"Vale"
387:Mitsui
368:mining
327:After
304:Itochu
288:Mitsui
235:Brazil
207:kaolin
205:, and
144:Parent
121:(2005)
55:Mining
40:Public
211:Amapá
167:Caemi
625:2007
596:2007
570:2007
482:2007
445:2007
410:Vale
398:Vale
391:Vale
383:Vale
379:Vale
372:Vale
366:The
329:Vale
314:and
270:Vale
215:Pará
213:and
179:Vale
149:Vale
76:1942
348:EBM
340:EBM
333:EBM
284:EBM
274:EBM
263:EBM
257:EBM
253:EBM
249:EBM
119:USD
677::
655:^
604:^
545:^
424:^
335:.
306:,
302:,
298:,
294:,
221:.
72:,
57:,
46::)
627:.
598:.
572:.
484:.
447:.
318:.
42:(
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
