Tag: Vale

The Brazilian mining company Vale was sentenced to another fine. The Brazilian Supreme Audit Institution had ruled that the company had failed to provide reliable information on the condition of the Brumadinho Dam before the 2019 disaster. The agency, an...
Leading Brazilian iron ore miner Vale SA lowered its production guidance for the current year. The move is expected to support the prices of the steel-making raw material. Vale, the world's largest producer of iron ore and nickel, expects iron...
RIO DE JANEIRO, BRAZIL - Iron ore fell for the second day as data showed a drop in steel purchases from China this month despite a slight improvement in the industrial sector. The commodity's decline impacts the shares of...
RIO DE JANEIRO, BRAZIL - Petrobras and Vale will disclose production and sales data for the last quarter and 2021 in the coming days, in the same week that Itaú Unibanco, Bradesco, Klabin, Suzano and Usiminas will release their...
RIO DE JANEIRO, BRAZIL - On Monday, the mining company Vale said it has partially halted production in the Southeast and South Systems to ensure the safety of its employees and communities due to heavy rains affecting Minas Gerais. According...
RIO DE JANEIRO, BRAZIL - The large companies of Brazil, Mexico, Chile, and Colombia are the protagonists of regional globalization and lead and top, by far, the ranking of the top 100 corporations that are projected to a global...
RIO DE JANEIRO, BRAZIL - Brazil's Vale has sold all its coal-related assets after agreeing to sell its coal mine and a logistics corridor in Mozambique to Vulcan Minerals for US$270 million (€240 million), it said in a statement...
RIO DE JANEIRO, BRAZIL - With the end of the long holiday in China and the resumption of trading in Chinese ports, iron ore ended Friday (08) with solid appreciation in the spot market, returning to the level of...
RIO DE JANEIRO, BRAZIL - Mining giant Vale yesterday (9) announced a new iron ore product, called "green briquette", that can reduce greenhouse gas emissions from steel production by up to 10%. This is the mining company's most tangible and...

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