Vale ordered to pay $26 million to families of Brumadinho victims
The disaster killed 270 people but the court action only benefits the families of 131 workers directly hired by Vale.
bvenditti
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“China is overproducing, we would expect to see some slowing down in H2” — Ferrexpo CEO
China’s massive physical purchases of iron ore have been the primary driver of the post-pandemic price rally.
Brazil court flags rupture risk at Vale’s Norte Larajeiras dam
Vale slashed output from its Brucutu mine in December to evaluate the stability of the Norte Larajeiras dam.
Brazil’s Bahia Mineracao to operate Fiol railway
Bamin's Pedra de Ferro iron ore mine in Caetité depends on the completion of the railway to become economically viable.
Heavy rains put pressure on Brazilian iron ore shipments
Seasonal rains at the Ponta da Madeira port, Vale's iron ore and manganese loading terminal in the Northern System resulted in fewer shipments from Carajás.
Vale executives investigated in Brazil over Simandou deal
Police in Rio de Janeiro will investigate Vale CEO Eduardo Bartolomeo, and other executives and former directors over the deal to explore the giant iron-ore mine in Guinea.
Uranium Energy shares rise on US approval for Wyoming plant boost
The company received approval to raise the licensed production capacity at its Irigaray plant to 4 million lb of U3O8 per year.
