Vale reaffirms iron ore output forecast after court decision
Vale said it is keeping its monthly production forecast at Itabira at 2.7 million tonnes "for the next months."
Vale said it is keeping its monthly production forecast at Itabira at 2.7 million tonnes "for the next months."
Company plans to increase the production in Pará from current 6 million tonnes per year to 10 million tonnes per year.
The labor authorities reported that 200 local employees have tested positive for coronavirus.
Judge says funds should be used to pay potential fines related to the deadly 2019 tailings dam collapse in Brumadinho.
The zinc miner plans to buy 95% of Vale's assets on the Pacific island.
Billionaire Beny Steinmetz claims to have fresh evidence that will help him reverse a $2bn arbitration award to Vale.
Authorities suspended Vale’s operating license after agents said that the company’s onsite activities have “not respected the rules of social isolation.”
Ten cities affected by the disaster at Brumadinho wait for Vale to transfer funds on a agreement to cover losses in mining royalties.
Vale alleges the $500 million it paid BSGR to partner in Guinea was fraudulently funnelled into Manhattan's real estate market.
Health agents said the company's activities did not respect the rules of social distancing.
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