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Vale Secures High-Quality Iron Ore Supply, Expanding Carajás Output with Minority Stake Deal

Brazilian miner Vale acquired a 30% minority stake in Ligga S.A. to secure all of its iron ore output and fund a major production expansion in the Carajás region.

By Marcus Wright

Published
Vale Secures High-Quality Iron Ore Supply, Expanding Carajás Output with Minority Stake Deal
Illustration — BRZ.news

Brazilian miner Vale acquired a 30% minority stake in Ligga S.A. to secure all of its iron ore output and fund a major production expansion in the Carajás region.

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