Vale Tag

Rio Tinto and several of its large diversified rivals managed to further increase profit margins and cash flows during the 2018 financial year, according to a recent Fitch Solutions report. The report outlined how improved financial performances were a result of miners streamlining their operations, cutting...

Rio Tinto and Vale have both posted rising iron ore shipments in their second quarter operating reports, reflecting a strong environment across the board for the sector. Anglo-Australian mining giant Rio said it enjoyed a ‘solid’ Q2, with iron ore shipments increasing by 14% year-on-year to...

Vale SA (NYSE:VALE)is nearing the completion of a US$733 million equity sale of its stake in the Moatize coal project in Mozambique, to Japan's Mitsui & Co Ltd (TYO:8031). The Brazilian mining giant expects to receive the payment from Mitsui by the end of this month,...