In the case of iron ore, Vale's main product, the Asian market - especially China - is the biggest consumer due to the manufacture of steel. Warning! GuruFocus has detected 2 Warning Sign with VALE.
Oman and Etihad Rail Company signed a MoU with Vale to transport iron ore and its derivatives between the Sultanate of Oman and the UAE.
A brief history of Companhia Vale do Rio Doce Vale was founded as Companhia Vale do Rio Doce (CVRD) in 1942. Since the 1950s, the company expanded into the global market of iron ore, with its ...
Iron ore is present in the solutions that transform people's lives, contributing to the evolution of society. Today we are the largest producer of iron ore and nickel in the world, in addition to operating in other segments. Come and discover each product and its curiosities. Access the page Mining
Vale has also developed a patented iron ore briquettes that enables our customers to achieve emissions reductions as high as 10%. In base metals, over 93% of the electricity used in our production process comes from renewable sources, and all our nickel, copper, and cobalt products are assured by third-parties.
"The 'green briquette' is part of the revolutionary line of iron ore products offered by Vale throughout its history, as the result of significant investment in research and innovation. Up until the 1960s, our basic product was lump, that has high iron content.
Vale S.A., together with its subsidiaries, produces and sells iron ore, iron ore pellets, nickel, and copper in Brazil and internationally. The company operates through Iron Solutions and Energy ...
The third quarter of Vale was noticeable by increased production of iron ore and coal, following their respective production recovery plans and better weather conditions, the sharp drop in iron ore prices (-US$ 37/dmt of 62%Fe index vs. 2Q21) leading to a review on production and sales of high-silica iron ore products, gradual resumption of …
We produced 315.6 Mt of iron ore fines in 2021, up 5.1% y/y, mainly due to (i) the resumption of Serra Leste production, (ii) improved performance at Itabira and Timbopeba, (iii) increased production of high-silica products in Brucutu and Fábrica, and (iv) higher volume of third-party purchases.
Vale has invested nearly R$ 66 billion * (US$ 17.5 billion) installing and expanding the use of dry processing, using natural moisture, in iron ore production in its operations in Brazil over the last 10 years.
Main advantages of iron ore briquettes. Lower CO2 emissions. Briquettes emit less carbon dioxide than traditional agglomeration processes (pelletizing and sintering). It can reduce …
In 2023, Vale produced a total of 321.2 million metric tons of iron ore, up from 307.9 million metric tons in the previous year.
Iron ore is present in the solutions that transform people's lives, contributing to the evolution of society. ... In Iron Solutions, we advanced on our path to becoming the supplier of choice for high-quality products, leveraging Vale's unique mineral endowment and capitalizing on the decarbonization trend of the steel industry. On that, we ...
iron production capacity Vale will beneficiate from the decarbonization trend by: 1 2 3 Developing low to zero CO 2 iron ore agglomeration products for the blast furnaces at an accelerated pace. Using proprietary technology to offer more of the top-end premium products (>68% Fe) necessary to the EAF production route. Establishing with ...
We make sustainable mining. We are a global company and we operate responsibly in the countries where we are present with a logistics infrastructure that integrates high-quality …
Vale last week concluded the shipment of its first cargo of iron ore briquettes to be tested in a blast furnace outside of Brazil. The briquette is an innovative product that can reduce CO2 emissions from steelmaking by up to 10%.
Vale and Hydnum Steel have signed a Memorandum of Understanding (MoU) to develop low carbon solutions for steelmaking. The agreement includes jointly evaluating the possibility of building a collocated iron ore briquette plant in Hydnum Steel's flagship project for green steel in Puertollano, Spain.
In August, Vale started the commissioning tests of the first of two iron ore briquette plants in Tubarão. After ramping-up, the combined capacity will reach 6 Mtpy. Iron ore fines and pellet sales increased by 4.4 Mt y/y, with the sale of inventories from the first semester and taking advantage of favorable market conditions.
Vale s iron ore fines production in 2021 totaled 315.6 million mt, up 15.2 million mt, or 5%, from 2020, with the easing of some restrictions imposed on the company s operations following the Brumadin
Vale S.A.'s VALE iron ore production for the second quarter of 2021 was 75.7 million tons (Mt), which came in 12% higher than the year-ago quarter and 11.3% …
It is the first preliminary off take supply agreement signed by Vale with a client that will be installed in a Mega Hub, an industrial complex aimed at manufacturing low-carbon steel products. Under the agreement, Vale will supply 4 million tons per year of iron ore agglomerates (pellets or briquettes) for the direct reduction route.
Brazilian miner Vale SA on Thursday said it maintained "positive" expectations for the price of iron ore and nickel in the long term, two of its key products, after reporting quarterly earnings ...
Vale has lowered the ceiling for its 2021 iron ore production outlook by 15m tonnes, in a securities filing released Monday. The company now expects output to …
Production and Sales Report 2022. • Vale's Q4 performance was marked by strong iron ore fines and nickel sales, up 24% and 30% q/q respectively, converting into …
S11D's iron ore processing plant will use a system developed by Vale that will cut water consumption by 93% - enough to supply a city of 400,000 inhabitants. Already employed at some other plants in Carajás, dry processing (using iron ore's
In the miner's latest update, Vale ( VALE) said iron ore production reached 80.6M metric tons in Q2, supported by strong performances at S11D and Vargem Grande, while pellet …
Agreement signed with Anglo American, in February, to acquire a 15% ownership interest and establish a partnership encompassing the Minas-Rio iron ore complex and Vale's Serra da Serpentina resources in Brazil. Following completion of the transaction, Vale will receive its pro-rata share of Minas-Rio production.
Iron ore is present in the solutions that transform people's lives, contributing to the evolution of society. Today we are the largest producer of iron ore and nickel in the world, in addition to operating in other segments. Come and discover each product and its curiosities. Access the page Mining