Vale doesn’t rule out IPO or merger of base metals unit ahead
Vale announced deals to sell a 13% stake in the business for $3.4 billion to Saudi Arabia's Ma'aden and US firm Engine No. 1.
Vale posts profit slump, hit by price drop
Vale posted net income of $892 million, while analysts polled by Refinitiv had forecast a profit of $2.21 billion.
Vale to sell 13% stake in base metals unit for $3.4 billion
Vale Base Metals is expected to invest $25-30 billion in new projects across Brazil, Canada and Indonesia over the next decade.
Vale grows iron ore output by 6%, sales lag
The firm produced 78.74 million metric tons of iron ore between April and June.
Vale inks deal to decarbonize Carajas iron ore railway
The plan includes the development of the first hybrid railway in Brazil.
BHP and Vale square off in London court
Vale is challenging BHP’s claim that the two miners should split any fines over the deadly 2015 dam collapse in Brazil.
Saudi’s PIF emerges as lead bidder for $2.5 billion Vale base metals stake
Saudi Arabia's Public Investment Fund may strike the deal for a roughly 10% stake of Vale's nickel and copper operations.
Franco-Nevada grows royalty on Marathon Gold’s Valentine project
Valentine is considered the largest undeveloped gold project in Atlantic Canada and is scheduled to begin production by the first quarter of 2025.
Vale said to decide on base metals sale worth billions next week: Brazilian paper
The board of directors is to analyze binding offers for a 10% stake that could be valued at $2.5 billion.
Vale moves ahead with $2.7 billion Amazon mining expansion in clean-steel bet
Work at the S11D mine is part of a plan to be able to supply 260 million tons from its northern operations by 2025.
