Vale - Latest news GMK Center
05 September 2025
This step will add approximately 15 million tons to the company's total ore production
The selling price of ore in April-June was $85.1/t
03 July 2025
The company cites current market conditions, in particular, an oversupply of sinter
Brazilian iron ore producer focuses on China, which buys 62% of its products
The company signed an agreement with OQ Alternative Energy to supply power to the factory in Sohar
Sales of these raw materials increased by 3.6% year-on-year in the period under review
The company has allocated $6.3 million as part of the first stage of investment
Investments will be made until 2030
The company bought 50% of its joint venture shares from China's Baosteel
Brazilian company shows 2% growth in 2024, despite a decline in the fourth quarter
17 January 2025
The project has the potential to produce up to 12 million tons of direct reduced iron (CBI) per year
The company will start the first phase of the project in Louisiana