Brazil’s Vale Agrees to US$7 Billion Brumadinho Disaster Settlement
Brazilian miner Vale said on Thursday it reached a R$37.7 billion (US$7 billion) agreement with prosecutors and the state of...
February 4, 2021Topic
Vale
Brazil’s 2020 Mineral Production Topped 1 Billion Tons, up 2.5%
RIO DE JANEIRO, BRAZIL - By value, the country’s mineral exports reached US$37 billion, compared to US$33 billion in the...
February 3, 2021
Brazil’s Vale, State Government US$2 Billion Apart on Disaster Settlement, Source Says
RIO DE JANEIRO, BRAZIL - (Reuters) Brazilian miner Vale SA and state authorities narrowed their gap in a potential settlement...
January 23, 2021
Brazil’s Vale to Divest Troubled Coal Assets in Mozambique
Brazil’s Vale said on Thursday, January 21st, it is buying out minority stake partner, Japan’s Mitsui & Co, in a...
January 21, 2021
Rising Iron Ore Prices Could Benefit Brazil’s Trade Balance
RIO DE JANEIRO, BRAZIL - (ANBA) Higher iron ore prices are expected to benefit the Brazilian trade balance in 2021,...
January 7, 2021
Brazil’s Vale Suspends Operations at New Caledonia Plant After Protests
Brazilian miner Vale SA said on Thursday, December 10th, that it has halted operations on the Pacific island of New...
December 11, 2020
The Despair of Those Who Live Near Dam Set to Rupture in Brazil
A small city in Minas Gerais has been on waiting mode this week as residents pause to see what will...
May 22, 2019
Judge Hikes Vale’s Fine as Residents Wait for Dam to Rupture in Brazil
A Brazilian judge announced on Friday she is increasing the fine to be levied at Vale, to R$300 million (approximately...
May 19, 2019
Lawsuit Against Vale Seeks Compensation of R$10 million per Brumadinho Victim
By Richard Mann, Contributing Reporter RIO DE JANEIRO, BRAZIL - Relatives of a family who died while staying at Pousada...
April 23, 2019