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Vale is the world's largest iron ore miner and a key supplier to the global steel industry. It is leveraged to Chinese raw materials demand, which we expect to slow as the country's infrastructure ...
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By Peter Frontini SAO PAULO (Reuters) -Brazilian miner Vale SA on Thursday said it maintained “positive” expectations for the price of iron ore and nickel in the long term, two of its key ...
Vale’s Q3 iron ore production reached 90.97 million metric tons, the highest since 2019, up 12.9% quarter-over-quarter. Production gains in copper and nickel rose 9.3% and 68.8% respectively ...
Vale recently provided its third-quarter production and sales update, which may show how it is likely to fare in the to-be-reported quarter. Iron ore production was around 91 Mt, up 5.5% year over ...
Vale (NYSE:VALE) -3.6% in Monday's trading as UBS downgrades shares to Neutral from Buy with an $11.50 price target, cut from $14, and iron ore prices dropped to ~$100/ton after the latest ...
Vale's third-quarter results were solid. Iron ore sales of 82 million metric tons, constituting most of its earnings, were similar to last year and the prior quarter. Lower prices drove a 15% fall ...
NEW YORK: Vale SA’s iron ore production in the second quarter was stronger than expected. The world’s second-biggest iron ore supplier mined 80.6 million tonnes of the steelmaking ingredient ...
“Price hiking today is driven by both real supply gap and speculative sentiment among investors,” said a Shanghai-based iron ore trader. The Brazilian government last week ordered Vale to stop ...
Vale S.A. VALE reported iron ore production of around 91 million tons (Mt) for the third quarter of 2024, reflecting a 5.5% increase from the year-ago quarter. This marks VALE’s highest output since ...