Vale to develop low-carbon iron in Brazil, US and Middle East within a year
Three projects were already announced for Oman, Saudi Arabia, and the United Arab Emirates.
Vale
Vale Metals appoints mining veteran Shaun Usmar as CEO
Vale Base Metals, Vale‘s (NYSE: VALE) Canadian-based spinout of its metals business created last year, has appointed mining veteran Shaun Usmar as its new chief executive officer. Usmar brings over…
Vale restarts Salobo 3 copper plant Brazil after fire
Vale reiterates that the 2024 copper production guidance remains at 320-355 kt.
Vale board members in a ‘state of war’ over CEO succession — report
The board of directors responsible for selecting the CEO of Vale (NYSE: VALE) is in turmoil, Brazilian newspaper O Globo reported. Last week, consulting firm Russell Reynolds, hired to assist the…
Brazil’s Lula to ‘demand’ Vale pay for mining disasters
The Brazilian President is expected to meet with Vale executives next week.
BHP confident in reaching Mariana disaster settlement
Last week, Vale and BHP presented Brazilian authorities with a new offer to settle reparations.
Vale, BHP ups reparations offer for Mariana disaster by US$2.4B
Vale said the new proposal totals $26.09 billion.
Slave-labour ruling lands Vale on ‘dirty list’
Vale said that its inclusion in the list is incorrect and that it will take the necessary steps for its immediate removal.
Bravo shares soar on copper finds at Brazil PGM project
Bravo Mining (TSX.V: BRVO, US-OTC: BRVMF) shares surged more than 40% to $3.25 each, their highest level since January, after the company announced high-grade copper intercepts at its Luanga project…
BHP, Rio Tinto to fast-track electric haul truck trials
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) and Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO), the world’s two largest miners, have partnered up to accelerate the first trial of…
Indonesia grants Vale a mine permit extension to 2035
Indonesia has granted Vale’s (NYSE: VALE) local unit a special mining permit extension as part of a wider deal that will see state-owned holding, MIND ID, acquire an additional 14%…
JV Content: Ontario comes out ahead in mines to EV race
In the global competition for investment in the new, low-carbon economy, Ontario stands out as an existing centre of both mining and auto manufacturing, a conference in Washington, D.C. heard…