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Vale - Latest news GMK Center

Photo – Vale increases iron ore production prospects
Vale increases iron ore production prospects

The company is changing its strategic approach to operations

Photo – Vale and China’s Jinnan to invest $627 million in Oman processing plant
Vale and China’s Jinnan to invest $627 million in Oman processing plant

It is planned that the enterprise will begin operations in 2027

Photo – Key global mining companies increased iron ore production in Q3
Key global mining companies increased iron ore production in Q3

Rio Tinto and Vale noted rising production figures despite uncertainty in the Chinese market

Photo – Vale has raised its iron ore production forecast for 2024
Vale has raised its iron ore production forecast for 2024

The company updated its expectations despite the decline in prices on the global market

Photo – Vale and Midrex to cooperate in the use of iron ore briquettes at DR plants
Vale and Midrex to cooperate in the use of iron ore briquettes at DR plants

The new agreement expands the cooperation between the parties and the trial work started during the last year

Photo – Vale plans to launch ethanol-powered mining dump trucks
Vale plans to launch ethanol-powered mining dump trucks

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

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

Photo – Vale and Ternium to build iron ore briquette plant in Brazil
Vale and Ternium to build iron ore briquette plant in Brazil

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

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

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

Photo – Vale and China’s CSU establish hydrogen steel industry laboratory
Vale and China’s CSU establish hydrogen steel industry laboratory

The Brazilian company donated $5.81 million to the laboratory

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

Photo – Vale begins talks on iron ore briquette plant in the US
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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