Tags - Vale
Brazilian iron ore miner Vale said on Monday it has temporarily shut down its Itabiruçu tailing dam and lowered its full year iron ore and pellet sales guidance as a result.
News ID: 6930    Publish Date : 2019/10/21

Brazilian mining company Vale SA has paid 860 million reais ($210 million) in emergency damages relating to the Brumadinho tailings dam disaster, it said in a presentation on Tuesday.
News ID: 6735    Publish Date : 2019/10/08

Brazil’s Vale SA said on Monday its third-quarter iron ore production was up from the previous quarter but still down 17.4% from a year ago, as the miner slowly began to resume production at mines that were shut down following a deadly dam burst in January.
News ID: 6726    Publish Date : 2019/10/14

Iron ore futures in China, the world’s top buyer of the steelmaking raw material, hit a nearly three-week low on Tuesday after Brazilian miner Vale SA reported higher output in the third quarter.
News ID: 6723    Publish Date : 2019/10/15

Brazilian iron ore miner Vale SA said on Thursday it will start supplying a new iron ore product ‘GF88’, hematite or ground fines used for pelletizing, in the first quarter of 2020.
News ID: 6503    Publish Date : 2019/10/05

Brazil’s Vale SA, the world’s largest miner of iron ore, is considering producing a type of iron with lower carbon emissions if the price of natural gas needed to produce it falls significantly, three sources with the company said on Thursday.
News ID: 6490    Publish Date : 2019/10/05

Vale - World largest iron ore mine in a press release informs that it suspended works in one mining front of Brucutu mine, of São Gonçalo, State of Minas Gerais. Action taken against the company will not impact Brucutu mine's production.
News ID: 6464    Publish Date : 2019/09/13

According to National Bureau of Statistics, China - world's largest consumer and importer of iron ore has witnessed slight rise in crude iron ore production for July’19.
News ID: 6072    Publish Date : 2019/08/20

Vale announced this week it is carrying out three impoundment projects in Minas Gerais, Brazil, in areas downstream of the Sul Superior in Barão de Cocais, B3/B4 at Macacos in Nova Lima, and Grupo dams near the community of São Gonçalo do Bação, in Itabirito.
News ID: 6024    Publish Date : 2019/08/18

Chinese spot iron ore prices dropped today to USD 88.5/MT, CFR China, as on 13th Aug’19. The prices fell as against USD 95/MT, CFR China towards closing of last weekend. The drop is attributed to reduced demand, increased supply and lowered construction activities in China. Few Chinese mills have reached breakeven levels and hence, are moving ahead to limit production.
News ID: 5921    Publish Date : 2019/08/15

A rise in shipments of iron ore from major Australian mining companies last week is likely to ease Chinese buyers' concerns about supply tightness.
News ID: 5802    Publish Date : 2019/08/06

Brazilian miner Vale SA on Wednesday said it swung to a quarterly loss as the company announced more than $2 billion in fresh writedowns related to two deadly dam bursts suffered by the company over a period of less than four years.
News ID: 5640    Publish Date : 2019/08/01

World’s largest iron ore miner- Vale on 23rd July’19 received approval from National Mining Agency (ANM) for partial resumption of dry processing at Vargem Grande Complex. The company via press release informed that the National Mining Agency (Agência Nacional de Mineração – ANM) authorized the partial resumption of the dry processing operations at the Vargem Grande Complex.
News ID: 5515    Publish Date : 2019/07/28

Vale - world's largest iron ore producer witnessed drop in iron ore and pellet production for second quarter CY19 as a consequence of dam failure in Jan'19 resulting in subsequent halt at numerous mines and tailing dams.
News ID: 5482    Publish Date : 2019/07/25

Brazil’s Vale (NYSE:VALE), the world’s No.1 iron ore miner, saw output of the steelmaking commodity collapse by almost 34% in the second quarter of the year, compared to the same period in 2018.
News ID: 5413    Publish Date : 2019/07/22

A group of investors in Brazil’s Vale (NYSE:VALE), the world’s top iron ore producer, is seeking compensation for loses linked to the deadly dam burst in Brumadinho in January this year, which killed more than 300 people and caused extensive property and environmental damage in the region.
News ID: 5291    Publish Date : 2019/07/18

World's second largest exporter of iron ore - Brazil has recorded iron ore export volumes at 29.40 MnT in June'19 (data complied is for 19 working days), down slightly as compared to May'19 exports at 29.83 MnT, according to trade statistics released by Brazil customs. On yearly basis, exports dropped 17% as against 35.31 MnT in June'19.
News ID: 5040    Publish Date : 2019/07/06

The two key raw material for steel production, Iron Ore and Scrap prices are moving in opposite directions. The Vale disaster at the Brumadinho tailing dam in late January this year has led to a cut in iron ore supplies, and a spike in spot prices making them to hit five years high, leaving no margins for blast furnaces.
News ID: 4827    Publish Date : 2019/06/16

World's second largest exporter of iron ore - Brazil has recorded iron ore export volumes at 29.02 MnT in May'19, up 58% as compared to Apr'19 exports at 18.34 MnT, according to trade statistics released by Brazil customs. On yearly basis, exports dropped 16% as compared to 34.62 MnT in May'18.
News ID: 4771    Publish Date : 2019/06/07

Following the collapse of a dam at Vale ’s (NYSE:VALE) Corrego do Feijão iron ore mine back in January, the southeastern Brazilian state of Minas Gerais signed a Memorandum of Understanding with tech company Inmarsat to monitor all tailings facilities in the region.
News ID: 4734    Publish Date : 2019/06/03