Vale SA (VALE3.SA)
16 Mar 2018
R$ -0.10 (-0.24%)
Wed, Mar 7 2018
SAO PAULO, March 6 The board of Litel Participações, which holds Brazilian pension funds' stakes at miner Vale SA, has proposed to distribute shares of the miner to the funds.
RIO DE JANEIRO, Feb 28 Brazil's Vale, the world's no. 1 nickel producer, plans to save well over $150 million by reducing costs across its nickel operations, which have notched positive cash flow for the past two months, company executives said on Wednesday.
RIO DE JANEIRO, Feb 28 Executives at Brazilian miner Vale SA said on Wednesday that the world's top nickel producer plans to reduce costs in all its nickel operations by 10 percent this year, which they said implied savings well above $150 million. (Reporting by Alexandra Alper Editing by Chizu Nomiyama)
RIO DE JANEIRO, Feb 28 Brazilian miner Vale should achieve results in the first quarter that are similar to those in the final three months of 2017, even though the January to March period is usually weaker, Chief Executive Officer Fabio Schvartsman said on Wednesday.
RIO DE JANEIRO, Feb 27 Brazilian iron ore miner Vale SA's quarterly net income jumped by 47 percent but still badly missed analyst estimates, depressed by rising costs and foreign exchange related losses.
RIO DE JANEIRO, Feb 27 Brazil's Vale SA posted net income that missed estimates in the fourth quarter of last year, the world's largest iron ore producer said on Tuesday.
RIO DE JANEIRO, Feb 27 The board of Brazilian miner Vale has approved a 2.54 billion real ($781.25 million) dividend to be paid out on March 15, the world's top iron miner said in a securities filing on Tuesday. ($1 = 3.2512 reais) (Reporting by Alexandra Alper; Editing by Jonathan Oatis)
RIO DE JANEIRO, Feb 16 Brazilian miner Vale said on Friday that total iron ore output reached a record of 366.5 million tonnes last year, boosted by record high production from its so-called northern system, even as iron ore sales slipped slightly from 2016.
RIO DE JANEIRO, Feb 16 Brazilian miner Vale said on Friday that total iron ore output reached a record of 366.5 million tonnes last year, and reiterated its guidance of 390 million tonnes for 2018.
SAO PAULO, Jan 30 Continued Chinese efforts to reduce pollution will boost demand for Vale's high quality iron ore, the Brazilian miner's chief executive said on Tuesday, even as the world's top iron ore producer seeks to diversify away from the metal.