Direct diesel sales in Brazil surge after Petrobras–Vale deal, distributors push back
In January, Petrobras announced an agreement with Vale to supply diesel for the miner's operations in the Minas Gerais state.
Copper costs turn negative for Southern, Vale as byproducts soar
The rare result reflects a surge in prices for metals such as gold, silver, molybdenum and zinc that are found alongside copper in large ore deposits
Vale to more than double sail-equipped iron ore carrier fleet
The fleet is expected to expand to at least 20 vessels within the next three years.
Vale expects to resume operations at Fabrica, Viga mines in few weeks
Company said the delay in resumption would not have any significant impact on its iron ore output guidance this year.
Vale posts 36% rise in Q1 profit on more sales, higher prices
Net profit in the January-March period came in at $1.89 billion, below the $2.05 billion predicted by analysts.
Vale Indonesia signs $750 million loan deal with global lenders
The loan is “very critical” to help finance development of Vale's projects in Bahodopi, Pomalaa and Sorowako, its CEO said.
Vale books best first-quarter iron ore sales in eight years
Company posted an output of 69.68 million metric tons for the January-March quarter.
Vale to build iron ore processing plant focused on tailings
The plant will have the capacity to produce up to 2 million metric tons of iron ore annually.
Vale signs charter deal with China’s Shandong Shipping to build ethanol-powered ships
The two Guaibamax-class vessels can each transport 325,000 metric tons of iron ore and will be delivered from 2029.
Brazil court reinstates charges against former Vale CEO
Prosecutors say records show Schvartsman ignored known risks linked to the Córrego do Feijão tailings dam.
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