Vale disappointment keeps Rio Tinto as world’s top iron producer
Vale was expected to overtake its main rival in the fourth quarter, but reported a disappointing 82.5 million metric tonnes of production.
Vale is getting back on top of the iron industry as Rio stumbles
The Brazilian miner lost the title of top iron ore supplier to Rio Tinto in the wake of a tailings dam disaster three years ago.
Samarco to add revenue, hit output goal sooner after Vale deal
The miner expects to reach total production of 25.7-million tonnes of iron ore pellets in 2030, a year earlier than previously projected.
Vale closed its eyes to corruption allegations, says Steinmetz
Billionaire claims the Brazilian mining giant was well aware of allegations that the Guinean mining rights it agreed to buy had been secured illegally.
Vale accuses Steinmetz of ‘elaborate’ fraud in Simandou deal
More than a decade after Vale agreed to pay Steinmetz $2.5 billion for a chunk of the world’s biggest iron-ore deposit, the pair are about to lock horns in a London court.
Vale expects to pay $1.65 billion in Brumadinho reparations in 2022
The amount does not include the figure the company will spend on individual compensations, which are being negotiated.
Brazil prosecutors order Vale to shore up 18 mining dams after heavy rains
Prosecutors said Vale would have 10 days to present a report informing what action it would take.
Brazil deluge exposes Vale’s lingering waste risk even as mines restart
Last week’s rains showed tailings remain the Achilles heel of the Rio de Janeiro-based producer.
Vale, other Brazil miners ramp up production as rains subside
The weather-triggered stoppages affected production of about 1.5 million tonnes of iron ore.
Anglo, Vale in talks to jointly develop Serpentina iron ore mine
A potential partnership could leverage Anglo's existing logistics infrastructure in the region, Vale says.
