JPMorgan upgrades Vale stock on iron ore demand
Steel overproduction in China represents a potential catalyst for shares, JPMorgan said.
Vale starts producing test loads of iron ore briquettes
The product will help steelmakers cut their carbon emissions up to 10%.
Eloro releases inferred estimate containing 1.15 billion oz. silver equivalent
The potentially open pittable inferred resource is 541 million tonnes at 0.69% zinc, 0.28% lead, and 13.6 grams silver per tonne for an NSR value of $20.32 per tonne.
Vale considers taking steel decarbonization model to US, Brazil
Under the proposal, Vale would build briquetting plants that would feed third-party direct reduction facilities on the same site.
Chinese steel demand declining less than data suggests, says Vale executive
Vale is "cautiously optimistic" about the largest global consumer of iron ore, as China's economy has proven resilient.
Vale agrees to pay over $106m in compensation to Minas Gerais evacuees
Residents of Barão de Cocais, Brazil, were forced to evacuate due to risks of a tailings dam rupture in 2019.
Sweden’s H2 Green Steel lines up Vale, Rio Tinto for iron ore supply
The Swedish company will use a production process known as direct reduced iron to cut CO2 emissions.
Vale loses bid to block BHP’s London lawsuit in Brazil dam case
More than 720,000 Brazilians are suing BHP over the 2015 collapse of the Fundao dam, which was owned and operated by the Samarco joint venture between BHP and Vale.
Vale Indonesia plans to divest 14% stake – minister
The shares will be sold to MIND ID, Indonesia's state mining holding company.
China Baowu wants new models of cooperation with Vale
The world's largest steelmaker hopes to keep a stable iron ore supply with a reasonable price.
