Vale unit fined over alleged Brazilian environmental irregularities
Companhia Portuária Baía de Sepetiba, Vale's port subsidiary, was fined $430,348 after an inspection.
Vale mulls base metals spinoff to tap EV market
The move could help the nickel and iron ore giant take advantage of an increasing demand from electric car manufacturers.
Brazil court flags rupture risk at Vale’s Norte Larajeiras dam
Vale slashed output from its Brucutu mine in December to evaluate the stability of the Norte Larajeiras dam.
Vale’s Mangaratiba iron ore terminal in Brazil reopens
Brazilian authorities said the Ilha de Guaiba terminal has been operating without a required permit
Iron ore price surges to 10-year high after Vale, Rio miss on output
Iron ore prices jump 4% on Tuesday with $200 in sight, extending gains spurred by disappointing output figures from top two producers.
Vale buys Mitsui’s stake in Moatize amid plan to exit coal
Vale is buying the 15% interest in the Mozambican mine held by Japanese trading company for a token fee of $1.
Vale production disappoints again, adding fuel to iron ore price rally
Vale’s iron ore output totaled 68 million tonnes in 1Q21, 14.2% higher than in 1Q20, but down 5.5% compared to the 72 million tonnes average analyst estimate.
Steinmetz says probe against Vale “alive, well and kicking”
The billionaire claims Vale is misleading investors by claiming local prosecutors had closed an investigation into alleged illegal practices related to Simandou.
Vale says Steinmetz-triggered probe in Brazil over Simandou closed
Federal prosecutors have closed an investigation into Vale executives based on documents supplied by Steinmetz.
Paying 10% dollar yield, obscure Vale bond is now talk of Brazil
The securities, of which the payout is based on Vale’s dollar revenue, has more than doubled in value over the past 12 months.
