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Vale SA engages in the production and exportation of iron ore, pellets, manganese, and iron alloys, which are raw materials needed for steelmaking. It operates through the following segments: Ferrous Minerals, Coal, Base Metals, Fertilizers and Others. Read More The Ferrous Minerals segment includes the extraction of iron ore and the production of pellets, manganese ore, iron alloys, and coal, and logistics services. The Coal segment comprises the extraction of coal and its logistic services. The Base Metals segment involves the production of non-ferrous minerals, which include nickel, copper, and aluminum. The Fertilizers segment is comprised of three major groups of nutrients: potassium, phosphate, and nitrogen. The Others segment encompasses joint ventures and affiliates of other businesses. The company was founded on June 1, 1942 and is headquartered in Rio de Janeiro, Brazil.
Rio de Janeiro, Rio de Janeiro
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Vale halts operations at another Brazil iron ore mine
Vale (VALE -0.9% ) says it has suspended operations at the Alegria iron mine in Brazil's Minas Gerais state, which may remove as much as 10M mt/year from the market.
Australia shares end flat, mining gains offset weak financials; NZ up
* Financials fall after Fed abandons 2019 rate hike plans * Fed move heightens worries about global economic outlook * Miners rise after Vale halts operations at mine in Brazil (Updates to close) By Rashmi Ashok March 21 (Reuters) - Australian shares ended relatively flat on Thursday with strong gains in mining stocks offsetting losses in financials hit by the U.S. Federal Reserve’s decision to abandon further rate hikes in 2019. Paring losses just before the bell, the S&P/ASX 200 index rose 0.03 perce...
Pawar Law Group Reminds Investors of March 29 Deadline in Securities Class Action Lawsuit Against Vale S.A. – VALE
NEW YORK, March 20, 2019 (GLOBE NEWSWIRE) -- Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of Vale S.A. (VALE) from April 13, 2018 through January 28, 2019, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Vale investors under the federal securities laws.
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