Vale (VALE) news

Mizuho files case against Radiant World in Singapore court

Mizuho has filed a case against Singapore-based commodity trader Radiant World in the Singapore court, according to reports from Mizuho . This development comes amid a broader withdrawal of support from major international banks and trading partners, who have reportedly distanced themselves from…

Samarco focusing on returning to maximum capacity by 2028, may consider expansion projects in the future, CEO says

Samarco, the iron ore pellet producer and joint venture between Vale and BHP, is targeting a return to maximum production capacity by 2028, according to recent statements from the company’s CEO. The company has been gradually resuming operations since 2019, initially operating at 26% capacity .…

Vale/CEO: New cave decree could unlock 50M t iron ore/year

Vale’s CEO has indicated that a new cave decree could potentially unlock an additional 50 million tons of iron ore production annually, according to recent statements. This potential increase is part of the company’s broader strategic focus on expanding production capacity and adapting to evolving…

Vale continues evaluating Porto do Sudeste, CEO says

Vale is continuing to evaluate its potential role in the acquisition of Porto Sudeste, an iron ore export terminal in Itaguaí, Rio de Janeiro, according to company statements. The terminal, currently controlled by Trafigura and Mubadala Capital, is part of a broader asset package that includes the…

Iron Bear Resources Ltd - Vale provides USD $1.3M funding tranche to advance project Iron Bear