Tag: iron

• Monday, March 4th 2019 - 21:44 UTC

  Vale's top executives removed following the collapse of a dam that killed 300

  

  The head of Brazil's Vale mining giant has stepped down following the collapse of a dam which killed at least 186 people in the town of Brumadinho. Fabio Schvartsman and several other executives asked to be removed after prosecutors called for their dismissal.

• Tuesday, February 12th 2019 - 09:24 UTC

  China iron ore futures soar on concerns over the Vale tragedy in Brazil

  

  China iron ore futures rose to a record on Monday, the first session after a week-long national holiday, on concerns that supply from Brazil, the country’s second-largest ore supplier, may decline after a fatal dam accident at a Vale mine.

• Wednesday, December 8th 2010 - 17:04 UTC

  Brazilian iron-ore giant Vale traded at a premium in Hong Kong market debut

  

  Brazilian corporation Vale, the world's biggest iron ore miner, listed on Wednesday at the Hong Kong stock exchange where it traded at a premium to New York's close, as the company looks to raise its profile among Asian investors.

• Saturday, September 11th 2010 - 18:39 UTC

  Uruguay’s definitive iron-ore feasibility project to be completed by mid-2011

  

  Swiss-based iron ore mining start-up Zamin Ferrous through its Brazilian affiliate is finishing the drilling stage of an iron-ore project in Valentines, Uruguay, and expects to complete its “definitive” feasibility study by mid-2011.

• Saturday, July 31st 2010 - 05:30 UTC

  World’s leading iron-ore producer and exporter moves into the copper business

  

  Brazilian mining conglomerate Vale Rio Doce announced this week that it will make a public offer to acquire Paranapanema, the country’s largest copper smelter, as part of a bid to become one of the world’s leading producers of the red metal.

• Thursday, July 1st 2010 - 07:03 UTC

  Japanese group secures iron-ore supply with stake in Brazilian steel foundry

  

  Usinas Siderurgicas de Minas Gerais SA, Brazil’s second-largest steelmaker, agreed to sell a stake in its mining and railroad businesses to Sumitomo Corp. for 1.93 billion US dollars before a possible share offering in the unit.