Vale posts highest quarterly iron ore output since 2018
The company, one of the world's largest iron ore producers, reported output of 90.97 million metric tons in the three months through September.
Vale swaps head of iron ore business
Rogerio Nogueira, Vale's current director of product and business development, was appointed to fill the role on an interim basis.
Vale temporarily halts operations at Onca Puma nickel plant
Vale estimated it to have a preliminary impact of 1,500 to 2,000 metric tons on its fourth quarter nickel production.
Vale backs Brazil critical minerals fund in nod to government
The fund is backed by Vale and Brazil’s development bank BNDES.
Vale’s new boss pledges to grow copper output after falling behind rivals
The company sees copper and nickel as part of the transition.
New Vale CEO set to earn up to $11 million annually
About 80% of Gustavo Pimenta’s compensation is tied to achieving specific targets.
Vale, GEP partner to set Brazilian green hydrogen sector
They will assess the feasibility of building a green hydrogen plant in Brazil, which would eventually supply one of Vale’s mega hubs.
Sugar giant Cosan mulls selling Vale stake on leverage woes
Cosan has a 4.1% interest in the iron ore producer.
Vale considers listing base metals business in late 2026
Speaking at the FT Mining Summit, chairman Mark Cutifani said Vale Base Metals could be valued at $40 billion.
Incoming CEO of Vale to start Oct. 1
In August, Vale named Gustavo Pimenta, currently chief financial officer of the firm, to the post.
