Postal service’s public meltdown exposes deep losses and political mismanagement 10/31/2025 Let’s all pretend to be surprised: Brazil’s postal service, Correios, is broke—and taxpayers will bail it out. Who could have guessed? Warning signs have been flashing for the past three and a half years, ever since the same old management team […]
New agreement replaces contract set to expire in 2032 and increases Codemig’s share in CBMM’s results 10/31/2025 The Minas Gerais Development Company (Codemig) and the Brazilian Metallurgy and Mining Company (CBMM), controlled by the Moreira Salles family, have signed a new agreement ensuring the continued extraction of niobium from the Araxá mines in Minas Gerais […]
Company aims to regain iron ore lead and expand high-grade portfolio 10/31/2025 Vale is currently focusing on its own assets rather than pursuing mergers and acquisitions, said CEO Gustavo Pimenta on Tuesday (28). When asked about the possibility of a counteroffer related to the merger deal between Anglo American and Teck Resources, the executive stated that “is not on the company’s […]