Hundreds still missing following Vale’s dam break in Brazil
Nine bodies had been recovered by Saturday morning.
Nine bodies had been recovered by Saturday morning.
The move has comes as Vale aims to generate all of its energy needs from renewable sources.
Schvartsman, appointed CEO in March 2017 to replace Murilo Ferreira, had been set to end his term in May.
It's been a tough year for mining, but the Big 3 were still a better investment than the FAANGs in 2018.
Vale has focused on sales of better quality iron ore, mostly from its S11D project in Pará state, as demand for the cleaner and less polluting product rises in China, its main market.
Vale needs to sort out once and for all its problem child, Goro, and keep its fingers crossed that Tsingshan's announcement is, for now at least, "just talk".
Global capacity utilisation in the steel sector has risen to 76% this year from 73% last year, indicating excess capacity in the sector is shrinking.
A joint approach could allow for resources to be unlocked that would likely not otherwise be productive - Ricus Grimbeek, COO, Vale’s North Atlantic Operations and Asian Refineries
New Caledonia could be a very important part of our strategy to supply nickel, especially given the EV revolution.
The company's Onça Puma nickel mines blamed for contaminating the Catete river, which prosecutors said had a "severe" impact on the Xikrin and Kayapo tribes.