BHP, Vale offer $1.4 billion settlement in UK lawsuit over Brazil dam disaster, FT reports
The offer was reportedly made during a June meeting in New York with Pogust Goodhead, the British law firm representing the claimants.
Canada’s Sudbury, Voisey’s Bay expansions boost Vale nickel, copper output
Nickel sales drove base metals revenues to $1 billion, a 15% rise, as copper revenues climbed 23% to $958 million.
Vale says ERG Brazil mine investment still not adding up
The Bahia Mineração project, known as Bamin, needs an estimated 30 billion reais ($5.4 billion) investment.
Vale’s Q2 net profit falls 24% but outdoes analyst forecasts
Analysts polled in a LSEG poll expected Vale to post a $1.44 billion net profit for the quarter ended in June.
BHP, Vale accused of ‘cheating’ UK law firm out of $1.7 billion in fees
BHP said it rejected the allegations "in their entirety" and would contest them.
Vale’s iron ore output up 4% with record Q2 at key mine
The company expects to produce between 325 million and 335 million tons of iron ore this year.
Vale Indonesia to seek up to $1.2 billion financing in 2026-2027
The first round of financing, around $500 million, will likely come from bank loans in early 2026.
Vale cuts forecast for iron ore agglomerates output amid market weakness
Vale said that the change reflected current market conditions for pellets.
Vale’s new CEO aims to make Brazilian miner the world’s biggest
“It has to be the biggest mining company in the world because we are sitting on the biggest mining endowment in the world," Gustavo Pimenta said.
Vale defines part of Carajas investment plan execution
Company says some of the projects are in the execution phase.
