Vale SA (VALE5.SA)
28 Apr 2016
|Market Cap(Mil.):||R$ 95,189.99|
BRASILIA, April 28 The global iron ore market is in better condition than expected, with Chinese demand improving, the chief executive of Brazil's Vale SA said on Thursday.
BRASILIA, April 28 Brazilian miner Vale SA on Thursday reported a first-quarter net profit of $1.78 billion, beating analyst forecasts and returning to profit for the first time in three quarters, helped by higher iron ore prices and a stronger Brazilian real.
RIO DE JANEIRO, April 28 Brazilian miner Vale SA said on Thursday it is not currently considering a restart of its Rio Colorado potash project in Argentina without a partner to share the investment.
BRASILIA, April 28 Brazilian miner Vale SA reported on Thursday a first-quarter net profit of $1.78 billion, beating analyst forecasts of $1.06 billion helped by higher iron ore prices and a stronger Brazilian real.
SAO PAULO/LONDON Vale SA is considering spinning off its fertilizer assets into a joint venture controlled by Apollo Global Management LLC if they succeed in a joint bid for Anglo American Plc's fertilizer operations in Brazil, three sources with direct knowledge of the plan told Reuters on Wednesday.
BUENOS AIRES, April 27 Brazilian miner Vale SA is considering a restart of its Rio Colorado potash project in Argentina after a long delay, the company said on Wednesday, the latest sign that international investors are eyeing a return to the country.
BUENOS AIRES, April 27 Brazilian miner Vale SA is planning to restart its Rio Colorado potash project in Argentina after a long delay but at a lower predicted capacity than initially targeted, a local government spokesman said on Wednesday.
BRASILIA, April 20 Brazilian miner Vale said on Wednesday it expects full-year iron ore production to come in at the lower end of guidance, as the world's largest iron ore producer joined Australian rivals in signaling a halt to years of ramping up output.
BRASILIA, April 20 Brazilian miner Vale SA said on Wednesday it produced 77.5 million tonnes of iron ore in the first quarter, a company record for the period that keeps it on track to achieve the lower end of its full-year guidance.
* Move could support tighter iron ore market - analyst (Recasts lead paragraph)
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