Vale shareholders elect Oliveira chairman after governance tensions
Vale shareholders elected Manuel Lino Oliveira as chairman following governance disputes, boosting shares over 3% alongside strong second-quarter iron ore output figures.
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Vale shareholders elected Manuel Lino Oliveira as chairman following governance disputes, boosting shares over 3% alongside strong second-quarter iron ore output figures.
Vale shareholders vote Wednesday to replace chairman Daniel Stieler amidst a governance dispute involving pension fund Previ. The result may influence political ties and strategy at Brazil’s largest m
Vale plans to invest $2.6 billion in decarbonization initiatives, including low-carbon steelmaking and iron ore briquette development, to mitigate climate risks and meet emissions targets.
Brazil's Vale received a request from top shareholder Previ to convene a meeting to vote on removing Chairman Daniel Andre Stieler. Previ proposes appointing Jose Mauricio Coelho to the board and supp
Major shippers like Maersk and Vale are trialing ethanol as a marine fuel to reduce emissions, driven by abundant corn supplies in the U.S. and Brazil. This demand could boost ethanol consumption whil
CATL and Tencent joined a new coalition with firms like Vale and Osaka Gas to jointly purchase 10 million tons of high-quality carbon credits by 2030. The initiative aims to revive the slowing market
Petrobras surged direct diesel sales to large consumers following a deal with miner Vale, prompting distributor complaints over regulatory asymmetry. ANP data shows volumes jumped to 22.39 million lit
Southern Copper and Vale reported negative cash costs for copper production as soaring gold and silver byproduct revenues offset expenses. This allows them to fully benefit from record copper prices a
Vale plans to expand its sail-equipped iron ore carrier fleet to at least 20 vessels within three years to reduce fuel costs and emissions. The new ships will be fuel-flexible, capable of running on e
Brazilian miner Vale reported a $1.89 billion net profit for the first quarter, up 36% year-over-year.