Recent events
Recent events tied to this brand in public sources.
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2026
Vale announces quarterly earnings results
Vale announced its quarterly earnings results, reporting earnings per share of $0.29, $0.09 below analysts’ consensus estimate of $0.38.
2021
Mundoro and Vale form U.S. copper exploration alliance
Mundoro Capital and Vale’s Canadian subsidiary entered a two-year generative alliance to explore for copper projects in Arizona and New Mexico. They also signed an agreement to explore an undisclosed copper property in Arizona.
2021
Vale agrees to sell Moatize mine and Nacala Logistics Corridor
Vale entered into a binding agreement with Vulcan to sell the Moatize coal mine and the Nacala Logistics Corridor for total proceeds of US$270 million, plus a 10-year royalty agreement. The transaction is subject to customary conditions, including approvals from Mozambique’s Ministry of Mineral Resources and Energy and the Government of Mozambique.
2021
Nucor agrees to acquire majority ownership of California Steel Industries
Nucor announced agreements to acquire a majority ownership position in California Steel Industries by purchasing a 50% equity interest from a Vale subsidiary and a 1% stake from JFE Steel. The companies said the transaction was subject to regulatory approvals, and the resulting company would be a joint venture between Nucor and JFE.
2021
Vale wins Wind Propulsion Innovation Award
Vale won the Wind Propulsion Innovation Award for its project to create the world's first large ore carrier equipped with rotor sails. The award recognized companies encouraging adoption of wind propulsion technology through prototypes or commercial use.
2021
XCMG and Valeo sign cooperation memorandum
XCMG and Valeo signed a memorandum of cooperation. XCMG said it would establish a dedicated team to strengthen cooperation and coordination between the parties.
2021
Vale announces green briquette
Vale announced a new iron ore product called green briquette, which the article says can reduce greenhouse gas emissions from steel production by up to 10%.
2021
Vale announces investment in green briquette production
Vale announced a US$185 million investment to upgrade two pellet plants at Tubarão and build a new plant in Vargem Grande, all intended to produce green briquettes. Operations were expected to begin in 2023, with estimated initial annual production of 7 million tons.
2021
Komatsu and Vale plan underground mining equipment trials
Komatsu and Vale said they would begin trials of Komatsu’s MC51 machine and DynaCut technology at Vale’s Garson nickel-copper mine in Sudbury, Canada.
2021
Sandstorm purchases Vale royalty units
Sandstorm purchased 9.3 million units of Vale's participating royalties for a net purchase price of US$108 million.
2021
Vale joined food-aid partners to support Brazilian families
Vale joined NGOs and other organizations in an initiative to donate around one million food baskets to feed 219,000 Brazilian families. Distribution was planned across Brazilian states, with food baskets or food stamps provided over six months to approximately 70% of families.
2021
Vale completes sale of New Caledonia nickel and cobalt operations
Vale said it had concluded the sale of its nickel and cobalt operations in New Caledonia to the Prony consortium, which includes Trafigura.
2021
Tesla agrees to partner with New Caledonia nickel mine
Tesla agreed to partner with the Goro nickel mine in New Caledonia and is expected to serve as an industrial adviser, helping with product and sustainability standards and nickel purchasing for its battery production.
2021
Vale reaches settlement over Brumadinho dam collapse
Vale reached a settlement agreement with Brazilian authorities over the Brumadinho dam collapse, which killed 270 people. Vale agreed to pay 37.7 billion reais, including cash payments to affected people and investments in environmental projects.
2020
Vale opens pilot plant to make construction products from mining tailings
Vale opened a pilot plant that will make civil construction products using mining tailings. The plant will test products for industrial-scale production, and the company said it would not sell products during the research and development phase.
2020
Minas Gerais authorities seek asset freeze and damages from Vale
Minas Gerais state and federal prosecutors sought a court order freezing 26.7 billion reais in Vale assets and sought 28 billion reais in collective damages in connection with the Brumadinho dam disaster. The article reports that Vale had not been formally notified of the latest request.
2020
Nokia and Vivo partner to provide private LTE services at Vale’s Carajás mine
Nokia partnered with Vivo to provide private LTE wireless services for Vale’s Carajás iron mine. The Vivo-operated service is part of Vale’s Industry 4.0 project and will support mine-wide communications and autonomous equipment.
2020
Vale cuts 2020 production guidance
Vale lowered its 2020 production guidance for iron ore fines, nickel, and copper, and withdrew its coal output numbers, saying it could not provide a new figure at that time.
2020
Vale suspends operations at its Malaysia logistics center
Vale suspended operations at its Malaysia logistics center from March 24 because it could not ensure the minimum resources needed to operate the port safely. The suspension was expected to last at least through March 31.
2020
Vale releases 2019 financial results
Vale released its 2019 financial results, reporting revenue losses of $1.683 billion and citing compensation expenses related to the Brumadinho dam collapse among the causes.