Brazilian Miner Vale S.A (VALE) has planned to sell or lease its planned fleet of giant bulk carriers and is in talks with the Chinese and other ship owners on the issue. Initially, the company planned to own a fleet of 19 dry bulk freighters in order to
Brazilian mining giant Vale (VALE5.SA) is in talks with Chinese and other ship owners to sell or lease its planned fleet of giant bulk carriers, a Vale official told Reuters on Monday.
Vale SA, the world's biggest exporter of iron ore, said that it has been in talks to engage Chinese shipping companies to haul the steelmaking material to China on its very large ore carriers under long-term contracts.
Brazilian miner Vale announced a plan for processing 80Mt of iron ore waste from tailings dams in Minas Gerais state in Brazil. Studies proved that huge tones of iron ore waste has been lying for decades in eight tailings dams in the state. Recognizing production possibility from the huge potential waste, the company announced to recover 31Mt of ore.
According to the companies, discussions about a potential operation involving Vale's nitrogenous assets are ongoing but, no binding agreement has yet been reached SAO PAULO (Reuters) - Brazil's state-controlled oil giant Petrobras (PETR4.SA:
Brazilian mining giant Vale and Aquila Resources have received a nod from the Queensland government for the Eagle Downs coal project in the Bowen Basin, granting a mining lease.
The Brazilian miner said Wednesday its global coal division director, Decio Amaral, will resign from his Australia-based post on Sept 1 and return to Brazil to pursue interests outside the company Vale global coal division director Decio Amaral will
Brazilian mining titan Vale SA (VALE) said Tuesday the first coal train arrived Monday at the Mozambican port of Beira. The first train carried 2,200 metric tons of coal from Vale's Moatize coal mine in the northwest province of Tete.
Iron ore miner Vale announced plans to invest more than USD 6 billion in expanding its port, railway and potash production capacity to keep up with booming demand for raw materials in Brazil such as fertilizer, sugar and grains.
Brazilian mining giant Vale (VALE5.SA) said on Thursday iron ore output rose 6 percent from the year before as the company boosted production at most of its mines in Brazil.
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