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9 results for “Iron Ore

Vale Invests R$975 Million for Stake in Ligga, Securing Long-Term Iron Ore Supply in Pará
PROMarkets12h ago

Vale Invests R$975 Million for Stake in Ligga, Securing Long-Term Iron Ore Supply in Pará

Brazilian mining giant Vale acquired a 30% stake in Ligga S.A. for R$975 million, securing exclusive long-term access to high-quality iron ore in the strategic Carajás region.

Vale Secures High-Quality Iron Ore Supply, Expanding Carajás Output with Minority Stake Deal
PROMarkets14h ago

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.

Vale's Mixed Q2: Buyback Program Counters 35% Profit Drop and Rising Iron Ore Costs
MarketsJul 31

Vale's Mixed Q2: Buyback Program Counters 35% Profit Drop and Rising Iron Ore Costs

Brazilian miner Vale reported a sharp decline in Q2 net profit, but a large new share buyback and higher-than-expected core earnings supported its B3 and NYSE shares.

Vale (VALE3) Q2 Earnings Today: Focus Shifts from Record Production to Cost Control for US$4 Billion EBITDA Target
MarketsJul 30

Vale (VALE3) Q2 Earnings Today: Focus Shifts from Record Production to Cost Control for US$4 Billion EBITDA Target

Brazilian mining giant Vale reports 2Q26 results today; market eyes cost management to determine if EBITDA hits US$4B consensus.

Vale Chairman Race: Ollie Takes Strong Lead Ahead of Key Vote
MarketsJul 22

Vale Chairman Race: Ollie Takes Strong Lead Ahead of Key Vote

Manuel Lino Silva de Sousa Oliveira (Ollie) leads Vale's chairman race with 1.29 billion votes, signaling a major governance shift for the mining giant.

Vale Beats Q2 Consensus with Highest Iron Ore Output Since 2018
MarketsJul 22

Vale Beats Q2 Consensus with Highest Iron Ore Output Since 2018

Vale (VALE) reported Q2 2026 iron ore production of 84.3 million metric tons, beating analyst consensus and marking its highest Q2 output since 2018.

Vale and Gerdau Join GIP in $5 Billion Porto Sudeste Bid
MarketsJul 10

Vale and Gerdau Join GIP in $5 Billion Porto Sudeste Bid

Vale and Gerdau have partnered with BlackRock's GIP to bid for the $5 billion Porto Sudeste, competing against a Stonepeak-led consortium.

Vale and Gerdau Join BlackRock's GIP in $5B Porto Sudeste Bid
MarketsJul 09

Vale and Gerdau Join BlackRock's GIP in $5B Porto Sudeste Bid

Vale and Gerdau partner with BlackRock's GIP to bid for Brazil's $5 billion Porto Sudeste, aiming to secure vital iron ore and oil export corridors.

Vale Stock Trades at Steep Discount as Iron Ore Defies Bears
MarketsJul 06

Vale Stock Trades at Steep Discount as Iron Ore Defies Bears

Iron ore's resilience near $100 per ton challenges long-term bear cases, leaving Brazilian miner Vale S.A. trading at a discounted 4.3x EV/EBITDA multiple.