Decision in Rio Tinto’s case against Vale over Simandou imminent— report
New York court must decide by September whether or not it accepts Vale and BSGR request to dismiss the lawsuit that claims they conspired to steal Rio's rights over the asset.
New York court must decide by September whether or not it accepts Vale and BSGR request to dismiss the lawsuit that claims they conspired to steal Rio's rights over the asset.
Judge also orders compensation for indigenous people in the region following protests at mine responsible for 9% of Brazilian giant's nickel output.
The board of Vale SA , the world's largest iron ore producer, on Wednesday approved plans to raise 1 billion reais ($287 million) from the sale of debt notes to expand the railway system at its Carajas ore mine
The world’s largest iron ore producer continued to flood the market despite a current oversupply that has sent prices for the commodity plummeting to historic lows.
The world's largest iron-ore miner, sank to a two-month low after the steelmaking ingredient tumbled on concern supplies are too high.
The world's largest producer of iron ore could raise about $1.5 billion through the sale of a stake in one of its Brazil-based assets.
As Brazil’s Vale SA figures out what to do with its fertilizer business, the mining giant is thought to be testing the waters on a potential sale, according to people familiar with the matter.
After spending over US$3.3 million in exploration and development of the Liberdade copper project, Codelco is facing Vale's claims that it has an older and still valid licence for the property.
Today's results are the lowest earnings Vale has reported in six years and its third straight quarterly loss.
The order would be the largest in history for Vale's giant ships, known as Valemaxes, which can carry up to 400,000 deadweight tons.