Brazil says talks on compensations over Vale-BHP dam burst are halted
There is still no date for the negotiations to resume as the companies have refused to submit a new proposal.
China can’t control the price of iron ore, Vale CEO says
“The rule of the economics are going to drive the price, the rule meaning supply and demand,” said Vale CEO Bartolomeo.
Vale offers iron ore price support with steady output plan
Nickel production was estimated at 160,000 to 175,000 tons next year, against some 165,000 tons in 2023.
Vale Base Metals in search of new CEO
Deshnee Naidoo will step down from her position as CEO effective March 31.
British court rejects Vale’s appeal in billion-dollar action for Mariana disaster
The decision favors BHP, which seeks to hold Vale liable for 50% or more of any damages awarded to the victims.
Vale expands production capacity at Salobo copper mine
The $1.1 billion expansion plan is set to increase the mine's throughput capacity to 36 million tonnes per year by the final quarter of 2024.
Vale Canada, Sumitomo sign initial deal to sell 14% stake in Indonesian nickel miner
Share divestment is a condition required by Indonesia to extend Vale Indonesia's mining permit.
Brazil regulator halts waste disposal activities from Vale mine
The Fabrica Nova mine in Minas Gerais state has been halted.
Vale to sell 14% stake in Indonesia unit
Vale’s current operation permit in Indonesia expires at the end of 2025 and divesting its shares is necessary to have it renewed.
Vale and Ero Copper to jointly develop project in Brazil’s Pará state
The term contemplates Ero Copper earning a 60% interest in the Furnas project upon completion of exploration, engineering and development milestones.
