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Vale's board elected member Wilfred Theodoor Bruijn as temporary chairperson on July 15, 2026, filling the gap left by Daniel Andre Stieler, who resigned the role and left the board on July 7, 2026, after pension fund Previ pushed for a vote on his removal. Bruijn will serve until a shareholders' meeting on July 22 elects a permanent chairperson, with Previ, a 7% shareholder, backing boardmember Manuel Oliveira.
Capanema mine reactivated after 22 years idleVale has restarted its Capanema mine within the Mariana integrated operation in Minas Gerais, Brazil, following reactivation in September 2025 after 22 years of inactivity. The openpit mine uses natural-moisture processing with no tailings dam and is expected to add about 15-million tonnes a year of iron-ore output, supported by a new conveyor to Timbopeba and five autonomous trucks.
Decarbonisation investment and record quarterly salesVale plans to invest up to R13-billion ($2.56-billion) in decarbonisation, including the Gongo Soco circular mining project reprocessing tailings for two-million tonnes a year of iron-ore from 2027. The miner reported first-quarter iron-ore sales of 68.7-million tonnes, its highest since 2018, with net profit of $1.89-billion, up 36% year-on-year.
Vale Updates
The board of directors of Brazilian miner Vale elected member Wilfred Theodoor Bruijn as a temporary chairperson, the company said on Tuesday. Bruijn will stay in the role until a shareholders...
Brazilian miner Vale said on Monday chairman Daniel Andre Stieler resigned from the role and from his seat on the board of directors, effective immediately. The resignation came after pension fund...
An iron-ore mine in Vale's Mariana integrated operation in the Southeastern System, in the Iron Quadrangle, between the municipalities of Santa Bárbara, Ouro Preto and Itabirito, in Minas Gerais,...
Boardmembers of Vale, the world’s top iron-ore producer, voted against a proposal by one of the company’s largest shareholders to remove Daniel André Stieler as chairperson, according to people...
Mozambique's new law requiring the State to have a 15% stake in all mining ventures could deter foreign investment, an industry executive said on Thursday. The southern African country is among the...
Vale announced the implementation of the Gongo Soco circular mining project in April 2026 as part of its Circular Mining Program – Waste to Value.
Brazilian miner Vale plans to invest up to 13-billion reais ($2.56-billion) in decarbonization initiatives to meet its voluntary emissions reduction targets and mitigate climate-related risks, a...
Brazil's Vale, one of the world's largest iron-ore producers, said on Thursday it received a request from its top shareholder, pension fund Previ, for a shareholders' meeting to vote on the removal...
Brazilian miner Vale inaugurated its first high-tech processing plant using AI after modernizing a facility in Minas Gerais State, the company said on Wednesday, achieving a 25% productivity gain...
Mozambique's President Daniel Chapo has signed a new law requiring 15% State ownership in all mining ventures and local processing of minerals, tightening control over its resources as demand for...
Africa still has a long way to go to achieve industrialisation, the Business Council for Africa has highlighted, in its '2025 Annual RED Index of Industrial Development in Africa'. (RED stands for...
Vale, one of the world's largest iron-ore producers, on April 28 posted a 36% increase in its first-quarter net profit as it boosted sales volumes and benefited from higher prices for its products,...
Brazilian miner Vale reported on April 16 its highest iron ore sales for a first quarter since 2018, while also announcing the suspension of pellet operations in Oman amid the war in the Middle...
The conflict in the Middle East has cracked open the door for Australia to speed up the development of a handful of green iron projects as part of efforts to cut emissions from producing steel....
Brazil-headquartered iron-ore and nickel producer Vale is reinforcing the Minas Gerais region as a hub for iron-ore production from circular sources, having advanced a circular mining programme at...
The emergence of Guinea's Simandou as a large-scale, high-grade iron-ore supplier marks a significant change in the global seaborne iron-ore market. According to consultancy Wood Mackenzie...
ASX-listed diversified global mining services group Perenti has appointed Dr Vanessa Torres to succeed Mark Norwell as MD and CEO with effect from June 1. Torres recently held the role of COO at...
BHP on Monday won its bid to throw out a contempt of court case in Britain over the funding of litigation to try to prevent some Brazilian municipalities suing the mining giant in London over one...
Brazilian mining company Vale said on Thursday it produced 26.3-million metric tons of iron ore in 2025 from materials previously classified as waste or tailings, more than double the 12.7-million...
Canada used the global stage at the Prospectors and Developers Association of Canada (PDAC) Convention to sharpen its pitch as a critical minerals superpower, unveiling new funding vehicles,...
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