Company News - Vale Brazil [more headlines]

Vale's share Brazilian iron ore market may fall sharply ...
Fri, 10 May 2013 19:03:00 +0100
The miner also lose iron ore market share to competitors, according to a report released last month by Brazilian mining association Ibram. The group said the start of new iron ore projects and the increased capacity of competitors will cause Vale's ...


Brazil miner Vale wants part of US steel recovery - Reuters
Tue, 07 May 2013 21:27:48 +0100
CEO says shale gas makes U.S. steel industry competitive. * Recovery in United States would reduce dependence on China. By Guillermo Parra-Bernal and Gustavo Bonato. SAO PAULO, May 7 (Reuters) - Vale SA, the world's biggest iron ore miner, hopes to ...


Brazil's Vale agrees to pay workers as it exits Argentina mine
Sat, 27 Apr 2013 22:56:35 +0100
Reuters - Brazilian mining giant Vale SA will pay two and a half months' salary to workers in Argentina as part of an agreement signed on Friday allowing the miner to exit the $6 billion Rio Colorado potash project. ...


Vale S.A. Management Discusses Q1 2013 Results - Earnings Call Transcript
Thu, 25 Apr 2013 23:30:06 +0100
at Seeking Alpha - Vale S.A. Management Discusses Q1 2013 Results - Earnings Call Transcript


Vale sees iron ore in $110-$160 range on China demand
Thu, 25 Apr 2013 21:54:40 +0100
Brazil's Vale SA , the world's second-largest mining company, said on Thursday it considers the Chinese iron ore market to be robust and that it will be difficult for the price of the main steelmaking ...


Webcast Alert: Vale Announces First Quarter 2013 Results Webcast
Tue, 23 Apr 2013 14:00:00 +0100
PR Newswire - RIO DE JANEIRO, April 18, 2013 /PRNewswire/ -- Vale (NYSE: VALE & VALE.P) (BM&FBovespa: VALE3 & VALE5) (EURONEXT PARIS: VALE3 & VALE5) (HKEx: 6210 & 6230) announce the following Webcast: What: 1 st Quarter ...


Brazil's CSN resubmits offer for ThyssenKrupp assets -source ...
Fri, 19 Apr 2013 22:52:04 +0100
In recent months, CSN offered $3.8 billion for ThyssenKrupp's Steel Americas, which is comprised of a slab processing plant in Alabama and a 73 percent stake in Brazilian slab-making mill CSA. Mining group Vale SA holds the remaining 27 percent stake ...


Vale mega ship enters China port, first time since ban
Fri, 19 Apr 2013 00:34:36 +0100
A giant iron ore carrier owned by top global producer Vale called at a port in eastern China this week, marking the first entry of the ships since Beijing banned them in January 2012. China banned the ...


Vale mega ship enters China port first time since ban
Thu, 18 Apr 2013 20:55:00 +0100
Thu Apr 18, 2013 3:55pm EDT* China banned Valemaxes since Jan 2012 to shield shippers* Shipowner group says notified authorities of Valemax entry* Vale ships compete with BHP, Rio Tinto in China iron oreBy Ruby Lian and Manolo Serapio JrSHANGHAI/SINGAPORE, April 18 (Reuters) - A giant iron ore carrier owned by top global producer Vale called at a port in eastern China this week, marking the ...


Webcast Alert: Vale Announces First Quarter 2013 Results Webcast
Thu, 18 Apr 2013 20:36:00 +0100
PR Newswire - RIO DE JANEIRO, April 18, 2013 /PRNewswire/ -- Vale (NYSE: VALE & VALE.P) (BM&FBovespa: VALE3 & VALE5) (EURONEXT PARIS: VALE3 & VALE5) (HKEx: 6210 & 6230) announce the following Webcast: What: 1 st Quarter ...


Iron ore's $250bn glut pressures Rio Tinto to Vale - Mineweb
Sat, 13 Apr 2013 06:25:00 +0100
The price of iron ore, the most shipped commodity after oil, more than tripled in the past decade, encouraging the biggest mining companies to boost output. That was before a surge in Chinese steel output that drove the bull market through 2011 started ...


Vale to use conveyor belt technology at Brazilian iron ore mine
Thu, 04 Apr 2013 00:00:00 +0100
Brazilian mining major Vale is replacing in-mine trucks with 23 miles of conveyor belts at its $20bn Serra Sul iron ore mine in the country to connect its deposits to plant that upgrades ore.


Brazil's Vale says iron ore reserves rose 8.6 pct in 2012 vs ...
Tue, 02 Apr 2013 23:53:04 +0100
Brazil's Vale, the world's second-largest mining company, said on Tuesday that its proven and probable iron ore reserves rose 8.6 percent in 2012 compared with 2011. The 17.5 billion tonnes of iron reserves ...


Vale to stick to Mozambique coal target despite floods
Tue, 12 Mar 2013 15:30:07 GMT
Brazil's Vale stillexpects to export 4.9 million tonnes of coal from its mine inMozambique this year despite a temporary shutdown of a flood-hitrailway line linking its pit with the port, a senior officialsaid ...


Zacks Industry Outlook Highlights: Vale, Rio Tinto, BHP Billiton ...
Fri, 08 Mar 2013 11:29:51 GMT
Zacks Industry Outlook Highlights: Vale, Rio Tinto, BHP Billiton and Nippon Steel & Sumitomo Metal