At Vale Day, company emphasizes iron ore production flexibility amid challenging scenario 12/06/2024 Vale CEO Gustavo Pimenta said the company is studying the Bahia Mineração (Bamin) project but no investment decision has been made. He commented on the topic on Tuesday (3), during Vale Day, a company meeting with investors, at the New York Stock […]
Lower House is moving to limit loan capabilities; industrial sector criticized measure, citing risks 12/05/2024 In a setback for the Lula administration, the Constitutional and Justice Committee (CCJ) of Brazil’s Lower House approved on Wednesday (4) a constitutional amendment proposal (PEC) mandating that loans from federally controlled state-owned banks require congressional approval when involving international operations. […]
Controlled by Appian funds, Vale Verde focuses on ore processing 12/05/2024 Chinese mining group Baiyin Nonferrous is acquiring Brazil’s Mineração Vale Verde, owned by British private equity manager Appian Capital Advisory, Valor’s business website Pipeline learned. The mining company operates the Serrote mine in the state of Alagoas, specializing in copper concentrate production. The acquisition […]