Mpumi Zikalala, who currently heads its De Beers business, will replace Themba Mkhwanazi as CEO.

Direct and indirect emissions will be lowered by accelerating the use of renewable energy and reducing or eliminating the use of diesel trucks.

The figure for 2022 has been revised downward, however.

If only iron ore markets were as easy to predict as the Ryder Cup.

A handful of Wall Street analysts have also ditched their buy-equivalent recommendations for Vale.

The pause on Tuesday partly led to a spike in iron ore prices this week.

Company said it will suspend operations at its Shine iron ore project in Western Australia to wind down expenses.

The world’s no.4 iron ore miner halted operations at its Solomon Hub site after an employee died in a ground collapse.