Vale ex-president could escape Brumadinho homicide charges
Fábio Schvartsman claims no connection to dam breach.
Fábio Schvartsman claims no connection to dam breach.
Brazil's government was reported by local media as trying to interfere in Vale's succession.
Its production growth is higher than that in the October-December quarter.
Vale produced 66,800 metric tons of copper in 2023 in Sossego.
The divestment is a key condition for the extension of Vale Indonesia's mining permit beyond 2025.
The environmental secretary of Para state suspended environmental licenses for Onça Puma and Sossego mines.
The miner also announced a pay out to shareholders of about 2.74 reais ($0.5520) per share.
The miners have signed an agreement to integrate the Serra da Serpentina deposit into the Minas-Rio iron ore complex.
Vale produced 66,800 metric tons of copper in 2023 in Sossego.
Vale is looking at expanding the use of industrial batteries to power ports and mining sites.