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Vale

Vale is a Brazilian multinational mining company and one of the world's largest producers of iron ore and nickel. The company is headquartered in Rio de Janeiro, Brazil, and operates mining facilities and logistics infrastructure across five continents, with significant operations in Brazil, Canada, Indonesia and several African countries including Mozambique. Vale is listed on the B3 stock exchange in São Paulo and the New York Stock Exchange. The company's core business centres on the extraction and processing of iron ore for the global steel industry, but it also produces substantial volumes of nickel, copper, coal, manganese, ferroalloys and other minerals. Vale operates the Moatize coal mine in Mozambique's Tete province, one of the largest coking and thermal coal operations in Africa, along with associated rail and port infrastructure. The company employs tens of thousands of people worldwide and generates annual revenues exceeding tens of billions of dollars. Vale has faced significant scrutiny following the 2019 Brumadinho dam disaster in Brazil, which led to major changes in its tailings management practices and corporate governance. The company was founded in 1942 as Companhia Vale do Rio Doce and was privatised in 1997. Vale remains a dominant force in global commodity markets and a key supplier to steelmakers in Asia, Europe and the Americas.

Latest Articles in 60 Seconds

Temporary chairperson named ahead of vote

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 idle

Vale 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 sales

Vale 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


Vale acting chairperson Wilfred Brujin
Vale's board elects Wilfred Bruijn as temporary chairperson
15th July 2026 By: Reuters

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... 


Daniel Stieler
Vale chairperson Stieler resigns
7th July 2026 By: Reuters

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... 


Image of Capanema mine
Capanema mine, Brazil
3rd July 2026 By: Sheila Barradas

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,... 


Vale's Moatize mine
Vale board resists shareholder Previ’s bid to oust chairperson
22nd June 2026 By: Bloomberg

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... 


A mineral sands operation in Mozambique
Mozambique's new mine ownership rules could deter foreign investment, industry body says
19th June 2026 By: Reuters

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... 


Image of iron-ore stockpile
Gongo Soco circular mining project, Brazil
19th June 2026 By: Sheila Barradas

Vale announced the implementation of the Gongo Soco circular mining project in April 2026 as part of its Circular Mining Program – Waste to Value. 


Vale's Mutuca mine, in Brazil
Brazil's Vale plans to invest $2.6bn in decarbonization initiatives
17th June 2026 By: Reuters

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... 


Vale chairperson Daniel Stieler
Vale's top shareholder pushes for meeting on chair's removal
12th June 2026 By: Reuters

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... 


Vale signage
Vale's AI-powered plant in Minas Gerais boosts productivity by 25%
11th June 2026 By: Reuters

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... 


A rough ruby at the Montepuez mine in Mozambique
Mozambique tightens grip on mining with 15% state stake rule, local processing
4th June 2026 By: Reuters

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... 


Most African countries not yet capable of achieving sustained industrial growth
6th May 2026 By: Rebecca Campbell

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 mining operation
Vale posts 36% rise in Q1 profit on more sales, higher prices
29th April 2026 By: Reuters

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,... 


Vale openpit mine
Vale books best first-quarter iron-ore sales in eight years
17th April 2026 By: Reuters

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... 


Vale iron-ore operation
Iran war allows Australia to revive green iron ambitions
14th April 2026 By: Reuters

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.... 


Sul Superior dam at the suspended Gongo Soco mine, in Brazil
Vale builds tailings reprocessing plant at defunct Gongo Soco mine
13th April 2026 By: Marleny Arnoldi

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... 


Guinea’s Simandou to become largest driver of seaborne iron-ore supply growth – WoodMac
Guinea’s Simandou to become largest driver of seaborne iron-ore supply growth – WoodMac
1st April 2026 By: Sabrina Jardim

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... 


Perenti outgoing MD and CEO Mark Norwell
Perenti appoints new MD and CEO
1st April 2026 By: Creamer Media Reporter

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 wins bid to throw out UK contempt case linked to Brazil dam collapse
BHP wins bid to throw out UK contempt case linked to Brazil dam collapse
17th March 2026 By: Reuters

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... 


Vale more than doubled ore production from waste material in 2025
12th March 2026 By: Reuters

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... 


Minister Tim Hodgson at the PDAC Convention this week
Canada sharpens critical minerals pitch at PDAC Convention
4th March 2026 By: Mariaan Webb

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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