Minas Gerais asks court to block Vale assets worth $4.7bn; Almonty close to sealing KfW IPEX financing for Sangdong project; IFC appoints Ary Naïm as Regional Manager for Central and Southeast Europe

In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:

• Toronto-headquartered Almonty Industries says it has finalised the completion agreement with Germany's KfW IPEX-Bank over its $75 million project financing for its Sangdong Mine, in South Korea

• Brazil’s Minas Gerais state authorities and federal prosecutors have asked a judge to order Vale to pay for economic losses and other damages stemming from last year’s deadly Brumadinho tailings dam disaste

• The International Finance Corporation has appointed Ary Naïm as its Regional Manager for Central and Southeast Europe

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