Vale

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Vale plans to launch ethanol-powered mining dump trucks

Diesel emissions currently account for 15% of Vale's direct CO2 emissions

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Vale increased iron ore production by 2.4% y/y in Q2

The company expects to reach the upper end of its 2024 production forecast

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Vale and Ternium to build iron ore briquette plant in Brazil

In this way, Ternium aims to reduce emissions from the production of slabs

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Vale increased iron ore production by 7% y/y in Q1

Sales of iron ore during this period increased by 15% y/y

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Vale and China’s CSU establish hydrogen steel industry laboratory

The Brazilian company donated $5.81 million to the laboratory

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Vale announced the acquisition of a full stake in energy supplier AGE

The deal is estimated at $540 million. Previously, the company owned 55% of shares in Aliança Geração de Energia

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Vale begins talks on iron ore briquette plant in the US

The grant from the United States will amount to $282.9 million

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Japanese bank to provide a loan to Vale to secure iron ore supplies to the country

The loan is co-financed together with private financial institutions

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Vale aims for annual ore production of 340-360 million tons by 2026

In 2024, the company predicts a dense market, especially in Asia

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Vale increased iron ore production by 4.3% y/y in 2023

In the fourth quarter of 2023, the company increased ore production by 10.6% y/y

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Vale opened the first plant for the production of iron ore briquettes in Brazil

More than 30 customers have already shown interest in the product

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Vale expects to produce 310-320 million tons of iron ore in 2024

In 2023, the company forecasts production at the level of 315 million tons

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