It is reported that the nickel miner Vale, has suspended operations in New Caledonia due to a effluent pipe damage. The effluent pipe leads through a lagoon of a World Heritage site and it caused Vale to half its production at its five ...
According to the statistics provided by Brazil's National Union of the Industry of Extraction of Iron and Base Metals (Sinferbase), in September this year the country's biggest miner Vale's iron ore export volume totaled 24.36 million mt, ...
Brazilian mining group Vale has reduced its stake in Norwegian aluminum producer Norsk Hydro to 2% from 21.6% and may completely offload its holding in the company, Hydro said Tuesday. Vale announced on Monday an offering to sell shares ...
Tags: mining group, Mineral
Brazil-based miner Vale has announced its financial results for the second quarter of the current year, reporting a net profit of $424 million, decreasing by 84 percent compared to the second quarter of the previous year. The company's ...
It is learned that steelmaker Ternium, owner of Brazil’s Usiminas, quits the bidding of ThyssenKrupp’s asset Companhia Siderúrgica do Atlantico (CSA). In a conference call, the company’s CEO Daniel Novegil said the ...
Tags: Ternium, CSA, steelmaker
Brazil-based miner Vale has announced its financial results for the first quarter of the current year, reporting a net profit of $3.2 billion, decreasing by 10.1 percent compared to the first quarter of the previous year. The company's ...
Tags: Metallurgy, Mineral, Energy
Brazil-based miner Vale's giant iron ore vessel Valemax has entered an eastern Chinese port to unload a cargo of iron ore, according to media reports, though it is not clear if the ban on Vale's mega iron ore vessels imposed by China has ...
Tags: Valemax Ore Vessel, Chinese Port
The government of Newfoundland and Labrador has announced that Brazil-based miner Vale has committed to expanding the Voisey's Bay open pit nickel mine in the Canadian province of Newfoundland and Labrador to include underground mining. The ...
Tags: steel, Metallurgy, Mineral, Energy
According to the statistics provided by Brazil's National Union of the Industry of Extraction of Iron and Base Metals (Sinferbase), in 2012 Brazilian iron ore exports increased 1.45 percent year on year with a total of 296 million metric ...
Brazil-based miner Vale has announced its financial results for the fourth quarter and the full year 2012, reporting its first quarterly loss in 10 years. In the fourth quarter of 2012, Vale registered a net loss of $2.65 billion, ...
Tags: miner Vale, miner, Iron ore prices
Brazil-based miner Vale has announced that it has declared force majeure on February 15 on a number of contracts for coal sales from Mozambique. According to Vale's statement, high rainfall since early February 2013 and continuing over ...
Tags: miner Vale, coal sales, coal products
Brazilian miner Vale plans to reduce its 50 percent shareholding in Companhia Siderúrgica do Pecém (CSP), a slab making joint venture with South Korean steelmakers POSCO (20 percent) and Dongkuk (30 percent), according to ...
Tags: steelmakers, miner, Vale
Beijing-headquartered Chinese state-owned enterprise China Metallurgical Group Corporation (MCC) has announced that on January 21 its subsidiaryShanghai Baoye Construction Group Corp. delivered steel structures to Brazilian miner ...
Tags: steel structures, Metallurgical Group, iron ore dock project
According to the statistics provided by Brazil's National Union of the Industry of Extraction of Iron and Base Metals in October this year Brazil's iron ore exports amounted to 26.9 million metric tonne,rising by 22.5%YoY and up three ...
According to the statistics provided by Brazil's National Union of the Industry of Extraction of Iron and Base Metals, in September 2012 Brazil's iron ore exports amounted to 26.1 million metric tonnes, rising by 1.1% YoY and down 5.8% ...
Tags: iron ore, iron ore exports, Samarco