Caterpillar, Vale testing electric and ethanol-powered trucks
Among mine equipment, the haul truck is the biggest consumer of diesel and therefore the biggest contributor to emissions.
Among mine equipment, the haul truck is the biggest consumer of diesel and therefore the biggest contributor to emissions.
Companies presented Brazilian authorities with a settlement proposal related to reparations for the 2015 tailings dam burst.
The stake divestment by Vale Indonesia's foreign partners was a condition required for the new permit.
Questioned about potential interest in Anglo's assets, CEO Bartolomeo also said that Vale would "clearly" be interested.
The collapse of the dam, which belonged to Samarco, a joint venture of Vale and BHP, caused a giant mudslide that killed 19 people.
One of the largest iron ore producers in the world, posted a $1.7 billion net profit for the quarter ended in March, while analysts polled by LSEG were expecting a $1.9 billion profit.
Negotiations resumed this week after the Brazilian government and states rejected the companies' $7.7 billion offer in December.
The rights issue that will facilitate the acquisition of a stake by Indonesia's state mining holding company MIND ID.
Vale's iron ore output in the first three months of the year totaled 70.84 million metric tons.
Brazil's Para state has won its appeal to overturn a previous court ruling that had reinstated the mine's operating licence.