The Company has added an Australian entity, Max Brazil, to hold the "Florália DSO Project" through the existing Canadian and Brazilian holding entities. As announced on January 9, 2025, Max Brazil ...
Following a strong growth of 6.1% in 2023, Brazil's iron ore mine production is projected to continue its upward trajectory, reaching 436.1 million tonnes (Mt) in 2024.
Vale said the decline followed its decision to prioritize the output of higher-margin iron ore products, which led to lower production from its Southern System operations in Brazil, which produce ...
Brazilian miner Vale SA churned out 327.7 million metric tons of iron ore in 2024, the highest in six years, though fourth-quarter production came in slightly below expectations.
for the advancement of the Florália DSO Hematite Iron Ore Project (the "Florália DSO Project") located 67-km east of Belo Horizonte, Minas Gerais, Brazil.
Vale’s iron ore production faltered in the last quarter of 2024, mirroring the slump in the capesize bulker sector. Output at the Brazilian mining giant, whose volumes power the benchmark Brazil to ...