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Benefiting from the simultaneous increase in iron ore volume and price, Vale's third quarter EBITDA increased by 12% year-on-year
On October 26th, Vale released its financial results for the third quarter of 2023. In the current quarter, the adjusted EBITDA (Earnings Before Interest, Tax, Depreciation and Amortization) generate ... -
Vale is using biofuels for iron ore shipping for the first time
On December 1st, Vale announced on its official WeChat account that it has partnered with Olderff Carriers to use biofuels for the first time in bulk carrier transportation. The trial voyage was carr ... -
Huayou Cobalt and Ford Vale's cooperation project has made significant progress, with a total investment of over 3.8 billion US dollars
The Bomala nickel processing project, which is a tripartite cooperation between Huayou Cobalt, Vale Indonesia, and Ford Motor, has made significant progress, and the project construction is expected ... -
Brazilian President Lula is reportedly pushing his allies to become the CEO of Vale
On January 20th, according to insiders, Brazilian President Lula hopes that his appraisal ally and former Brazilian Finance Minister Gido Mantega will replace Eduardo Bartolomeo, whose term expires i ...- zlzl521521
- 2024-1-21
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Vale's fourth quarter net profit is expected to be $2.42 billion, with analysts expecting $4.08 billion
Vale's net profit for the fourth quarter was $2.42 billion, with analysts expecting $4.08 billion; Net operating income for the fourth fiscal quarter was $13.05 billion, with analysts expecting $13.1 ... -
Vale achieved 100% renewable energy supply in Brazil two years ahead of schedule
On the 15th local time, Brazilian mining giant Vale disclosed that all of its electricity used in Brazil in 2023 comes from renewable energy sources such as hydropower, wind, and solar energy. As a r ... -
Vale's iron ore sales in the first quarter increased by 15% year-on-year
On April 17th, it was learned from Brazilian iron ore giant Vale that in the first quarter of 2024, iron ore sales reached 63.8 million tons, a year-on-year increase of 15%. The company's iron ore pr ...- Katlyn30590
- 2024-4-17
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