Vale’s Q3 iron ore output falls 17.4% year-on-year following Brazil dam break
Quarterly sales of the key raw material fell 11.8% from a year ago to 74.039 million tonnes.
Vale, Sumitomo to reduce stake in Indonesian nickel miner
Vale and Sumitomo will sell a 20% stake to state-owned Asahan Aluminium, known as Inalum.
Vale details damages payments, speeds dam decommisoning
Company added that work to secure its Barragem Sul Superior tailings dam will be complete by December.
Indonesia govt appoints Inalum to buy stake in Vale Indonesia
Vale, one of Indonesia's largest nickel miners, is set to divest around 20% of its stake to local investor to meet new regulations aimed at limiting foreign ownership of its mining resources.
Vale considers making low-emission iron if gas prices fall
Brazil is in the midst of overhauling its natural gas sector.
Vale expects to mostly finish paying for burst dam by 2021
In securities filings, Vale projected costs from halted operations related to its dam that burst to fall from $3-$4 per tonne of iron ore in the third quarter to $2.5-$3.5 per tonne in the fourth quarter.
Marathon advances Valentine toward prefeasibility
An updated resource estimate for Valentine is slated for the fourth quarter.
Vale receives 82 positive structural safety certificates
The miner also said six deactivated high dams still have negative structural stability certificates.
Vale to launch new iron ore product in Q1 2020
GF88 is a high-grade iron ore product, produced by grinding Vale's flagship Carjas IOCJ 65% Fe fines.
