Vale Tag

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,...

Brazilian miner Vale (NYSE:VALE), the world’s biggest producer of iron ore, reached a new annual output record, producing 349 million tonnes over 2016. The figure exceeded Vale’s own guidance output, which was expected to be at the low end of a range between 340-350 million tonnes,...

Brazilian iron ore giant Vale (NYSE:VALE) has reported that it is ready to make its maiden commercial shipment from the S11D mine, the company’s largest ever iron ore operation. 26,500 tonnes of iron ore, extracted from the Canaã dos Carajás site in north-western Brazil was loaded...

BHP Billiton (ASX:BHP) has suggested it could restart operations at its Brazilian Samarco iron ore project as early as 2017. The mining giant confirmed licence applications to reinitiate production at the mine, at a reduced rate, had already been submitted to the Brazilian authorities. However BHP reiterated...