Vale SA lost money in the first quarter, much as analysts had expected. In large part that was attributable to a moribund commodities market, most notably iron ore, which makes up roughly 60% of the ...
CEO Gustavo Pimenta emphasized the completion of key projects, including the Vargem Grande and Capanema startups, which add 30 million tons of low-cost production capacity. He highlighted progress ...
RIO DE JANEIRO – As the death toll continues to rise from a fatal accident at a dam owned by Vale, the Brazilian miner’s top management is coming under increased criticism in the highest levels of ...
The company seems competent in controlling its iron ore output in 2023, potentially putting a floor on iron prices, despite the peak recessionary fears. While VALE may report elevated long-term debts ...
When Vale SA (ADR) reported earnings, the headline number was a vast improvement over the previous quarter. But that was largely due to currency fluctuations, which makes understanding the underlying ...
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