Vale courts Latin steel mills again as China infatuation fades
The Brazilian miner is taking a fresh look in its own backyard.
The Brazilian miner is taking a fresh look in its own backyard.
The Indonesian arm of the Brazilian mining giant is expecting nickel matte production of 65,000 tonnes in 2022, compared with an annual average of 70,000-75,000 tonnes.
Brazilian iron ore giant thinks it’s time to cash in on the global fertilizer boom.
Vale has pledged up to $6 billion to cut Scope 1 and Scope 2 carbon emissions by 33% by 2030.
While Vale produced more than analysts expected last quarter as part of an ongoing recovery from a 2019 tailings dam disaster, sales lagged production.
Company has decided to divest of its Moatize asset in Mozambique.
The SEC investigation would try to find evidence of "misconduct" related to public disclosures after a dam disaster in the town of Brumadinho.
Operations were first halted in early October because of alleged non-compliance with local regulations.
It expects to ramp up its copper concentrate output in Salobo by Oct. 25.
The Brazilian mining giant churned out 89.4 million tonnes in the third quarter compared with the 87.3 million tonne average analyst estimate.