IBOV 177,418.78 ▲ 1.00% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,430.32 ▼ 0.08% MERVAL 3,033,848 — 0.00% COLCAP 2,425.08 ▼ 1.33% BVL PERÚ 59,928.30 ▼ 0.80% USD/BRL5.17▼ 0.22% USD/MXN16.98▼ 0.10% USD/CLP938.58▲ 0.46% USD/COP3,220▲ 0.58% USD/PEN3.36▼ 0.15% USD/ARS1,513▲ 0.28% USD/UYU40.29▲ 0.05% USD/PYG5,892▼ 0.13% USD/BOB11.85▲ 2.00% USD/DOP58.61▲ 0.46% USD/CRC447.35▲ 1.29% USD/GTQ7.62▼ 0.02% USD/HNL26.84▲ 1.13% USD/NIO36.62▲ 0.14% USD/VES796.33▲ 0.29% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.69▼ 0.37% EUR/BRL6.00▼ 0.22% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 177,418.78 ▲ 1.00% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,430.32 ▼ 0.08% MERVAL 3,033,848 — 0.00% COLCAP 2,425.08 ▼ 1.33% BVL PERÚ 59,928.30 ▼ 0.80% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Tuesday, September 1, 2026

Brazil Business - Brazil

Striking Sudbury nickel miners’ union members reject new offer from Brazilian owner Vale S.A.

By · June 15, 2021 · 2 min read

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RIO DE JANEIRO, BRAZIL – Members of a union representing striking workers from Vale SA’s Sudbury, Canada, nickel mine have rejected the Brazilian company’s latest offer, urging it to commit to “good-faith” talks to settle the strike.

USW Local 6500 members voted by an 87% majority to reject Vale’s second offer in two weeks, the union said. The offer was not that different to the earlier one that had sparked the strike on June 1, it said.

The 2,500 workers at the mine walked off the job on June 1, complaining about plans to cut health and medical benefits for retirees as well as minimal wage increases.
The 2,500 workers at the mine walked off the job on June 1, complaining about plans to cut health and medical benefits for retirees as well as minimal wage increases. (Photo internet reproduction)
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The union had recommended its members reject the Brazilian company’s latest offer, saying it made only “minimal improvements.”

The 2,500 workers at the mine walked off the job on June 1, complaining about plans to cut health and medical benefits for retirees as well as minimal wage increases.

“Vale wants to lower the standard of living for retirees in our community,” United Steelworkers Local 6500 President Nick Larochelle said in a statement.

“Eliminating post-retirement health benefits from other staff is not a justification to take away these benefits from workers who are exposed to toxic and hazardous substances throughout their careers and who often develop serious illnesses and medical conditions in retirement.”

Vale Canada said it was disappointed by its offer being turned down by union members. The company said earlier that its second offer had attempted to addresses issues of concern to workers including wages, pensions and post-retiree benefits.

“Our offer was a genuine and sincere attempt to address the issues brought forth by the Union’s bargaining committee in the most recent round of discussions. Clearly, we remain apart on important issues”, the company said in a statement.

Vale was obliged to halt the mine after the workers rejected its initial offer. USW Local 6200, which represents employees at its separate Port Colborne refinery, favored the proposed deal.

The Brazilian miner is trying to turn around its Ontario operations to lure investments in new sources of ore, the company added.

Source: Reuters

Live Company IntelligenceVale SA ADR — the full investor dossierInside: live share price, market cap, three-year financials, valuation, ESG and peer benchmarks — plus the latest Rio Times coverage.
V
◆ Live Company Intelligence
Vale
NYSE: VALEVALE3Basic MaterialsOther Industrial Metals & Mining65,805 employees
$63.96B
Market cap
Analyst target $16.74

Wall Street view

3.9Moderate Buy/ 5
14 Buy12 Hold0 Sell
Avg. price target $16.74  ·  +11% vs 200-day

Valuation & profitability

Market cap$63.96B
Revenue (TTM)$218.07B
P / E ratio30.1
Profit margin4.8%
Return on equity4.1%

Price & risk

52-wk low
$9.30
52-wk high
$17.44
Beta (volatility)0.75
200-day average$15.10

Revenue trend · 6y

20202025
Latest $38.23B

Ownership

Institutions20.8%
Shares outstanding4.26B
Top holderCapital World Investors
Institutional holders5+ funds

Dividend

Yield35.8%
Payout ratio2.0%
Fwd. annual$1.20
What Vale does. Vale S.A., together with its subsidiaries, produces iron ore and nickel in Brazil, Asia, the Middle East, North Africa, Europe, the Americas, and Oceania. The company operates in two segments, Iron Ore Solutions and Vale Base Metals. It extracts, produces, and distributes iron ore, iron ore pellets, briquettes, nickel, copper, other ferrous…
Data: RT fundamentals (VALE.US) · figures in USD · as of 1 Sep 2026More company intelligence →

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