Wednesday, 5 February 2025
FILE PHOTO: The logo of the Brucutu mine owned by Brazilian mining company Vale SA is seen in Sao Goncalo do Rio Abaixo, Brazil February 4, 2019. REUTERS/Washington Alves/File Photo
BusinessCritical MineralsMiningNews

Iron ore output from Brazil’s Vale slid 4.6% in fourth quarter

By Andre Romani and Marta Nogueira SAO PAULO/RIO DE JANEIRO (Reuters) -Brazilian miner Vale posted on Tuesday its highest annual iron ore production...

FILE PHOTO: The logo of the Brucutu mine owned by Brazilian mining company Vale SA is seen in Sao Goncalo do Rio Abaixo, Brazil February 4, 2019. REUTERS/Washington Alves/File Photo
Critical MineralsMineralsMiningNews

Brazil’s Cosan unloads stake in miner Vale

The move was "based solely on the goal of optimizing its capital structure," the Brazilian conglomerate said.

FILE PHOTO: The logo of Vale SA is pictured in Rio de Janeiro, Brazil, August 7, 2017. Picture taken August 7, 2017. REUTERS/Ricardo Moraes/File Photo
BusinessCritical MineralsMiningNewsRail

Brazil’s Vale reaches $1.8 billion railway concessions deal

Vale agrees to pay up to 11 billion reais for railway concessions, revising contracts extended to 2057 under new terms.

FILE PHOTO: The headquarters of of mining company Vale SA is pictured, after the collapse of a tailings dam in an iron mine in Brumadinho in Brazil, in St-Prex, Switzerland January 30, 2019. REUTERS/Denis Balibouse/File Photo
BusinessClimateCritical MineralsElectricityEmissionsEnvironmentIndustryInfrastructureMiningNewsPolitics

Brazilian miner Vale invests in US startup as part of decarbonization push

Vale Ventures invested in Electrified Thermal Solutions, which develops fossil fuel-free heating tech to cut emissions in industry.

The sailboat 'Grain de Sail II' sails off Saint Malo, western France.
EmissionsManufacturingNewsTradeWind

Sails make a comeback in shipping, to dent its huge carbon footprint

Mariners embrace wind power to cut shipping emissions and lead a cleaner future for global trade.

(FILES) A general view where a dam burst in the village of Bento Rodrigues, in Mariana, the southeastern Brazilian state of Minas Gerais on November 6, 2015.   A Brazilian court on November 14, 2024, cleared mining giants BHP and Vale, and their Brazilian joint venture Samarco, of responsibility over a 2015 dam collapse that caused the country's worst ever environmental disaster. (AFP)
BusinessCritical MineralsEmissionsEnvironmentIndigenousMiningNews

BHP, Vale cleared by Brazil court over 2015 dam disaster

A Brazilian court on Thursday cleared BHP, Vale, and their Brazilian joint venture Samarco, of responsibility over the 2015 dam collapse.

Manitoba Premier Wab Kinew looks on as Jamie Moses, Minister of Economic Development, Investment, Trade and Natural Resources is sworn-in by Lt. Gov. Anita Neville at a Premier and cabinet swearing-in ceremony in Winnipeg, Wednesday, Oct. 18, 2023. The Manitoba government has released a new critical mineral strategy that it says will speed up projects and better involve First Nation communities.THE CANADIAN PRESS/John Woods
BusinessCritical MineralsElectric Vehicles (EVs)IndigenousMiningNewsPoliticsStorage

Manitoba eyes speedier approval, more Indigenous involvement in mining sector

The Manitoba government has released a new critical mineral strategy that it says will speed up projects and better involve First Nation communities.

FILE PHOTO: The logo of the Brucutu mine owned by Brazilian mining company Vale SA is seen in Sao Goncalo do Rio Abaixo, Brazil February 4, 2019. REUTERS/Washington Alves/File Photo
BusinessCritical MineralsMineralsMiningNews

Brazil’s Vale taps Marcelo Bacci as new CFO

Vale, the largest producer of iron or and nickel in the world, has appointed its new Chief Financial Officer.

The dam collapse triggered a giant mudslide that swamped villages, rivers and rainforest, killing 19 people (AFP)
BusinessCourtsCritical MineralsEnvironmentIndigenousMiningNews

BHP, Vale agree to pay $30bn compensation for Brazil dam disaster

BHP, Vale sign $30 billion deal with Brazil for 2015 dam collapse compensation, covering environmental damage and victim support.

FILE PHOTO: The logo of Vale SA is pictured in Rio de Janeiro, Brazil, August 7, 2017. Picture taken August 7, 2017. REUTERS/Ricardo Moraes/File Photo
BusinessCritical MineralsEconomyFinanceMiningNews

Vale’s third-quarter profit falls 15% on dam collapse provisions, lower ore prices

Vale's profit fell 15 per cent to $2.41 billion, beating estimates, as lower iron ore prices and Mariana dam provisions weighed on results.

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