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HomeVale

Vale

Vale’s presidency
Rare Earth Minerals

Board to decide Vale’s presidency this week

February 5, 2024 Stu Turley

  The board of Brazilian miner Vale has postponed the decision regarding the appointment of the company’s new president this week. This comes after an “extraordinary” meeting held on Friday failed to reach a final […]

Samarco
Rare Earth Minerals

Brazil judge orders Vale, BHP and Samarco to pay $9.7 billion in damages

January 25, 2024 Mariel Alumit

​ A Brazilian judge has sentenced Vale (NYSE: VALE) and BHP (ASX: BHP) and their joint venture Samarco to pay 47.6 billion reais ($9.67 billion) in damage repairs over a burst tailings dam in 2015, according to a […]

Critical Minerals

Vale teams up with University of Toronto to power next generation critical mineral projects

March 7, 2023 Mariel Alumit

​ Vale Energy Transition Metals is teaming up with the University of Toronto in a partnership to power sustainable mining solutions and foster Canadian skills and talent. The partnership, announced Tuesday during the Prospectors & […]

Vale
Critical Minerals

Vale evaluates offers for $2.5 billion base metals unit

January 10, 2023 Mariel Alumit

​ Vale (NYSE: VALE), the world’s second largest iron ore miner and top nickel producer, has shortlisted suitors for 10% of its base metals business estimated to be worth nearly $2.5 billion. The Brazilian miner, […]

Finance

Record Metals Prices Catapult Mining Profits Beyond Big Oil

May 2, 2021 Stu Turley

Major oil producers, for decades the natural resource industry’s top earners, are being eclipsed by once-smaller mining peers who are churning out record profits thanks to red-hot metals markets. The mining windfall is the latest […]

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