Vale To Double Iron Ore Shipments To China By 2019 Mining Com
Vale considers iron ore distribution centre in China-sources
Vale SA, the world's second-largest mining company, is considering setting up an iron ore distribution centre in a southern Chinese port where Baosteel is building a 10 million tonne-per-year ...
China's appetite for iron ore prompts Brazilian miner Vale to …
In China, demand for iron ore is so great that the country is looking to diversity its iron ore sources to keep prices low, and Brazilian mining giant Vale is trying to capitalise with its massive ...
China iron ore falls most in 4 weeks amid Vale optimism
Chinese iron ore futures fell over 4% on Friday, their most in four weeks, and clocked their second consecutive weekly loss, after Brazil announced a rebound in exports of the steelmaking material ...
Brazilian deluge halts giant iron ore mines, triggers dam …
Heavy rainfall is disrupting southeastern Brazil's giant iron ore industry, regulators dispatched to monitor any impact on tailings dams.
History Center
Mining. 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.
Introduction: Overview of the global iron ore industry
The approximate production tonnages of Brazilian iron ore mining companies in 2019/2020 are summarized in Table 1.6. ... In order to address its shipping disadvantage, Vale is now using very large bulk ore carriers ... China's iron ore beneficiation plants are designed to recover more than just the iron minerals from the …
Iron ore prices shift structurally higher on Vale woes
Iron ore prices in China reached a record high on Tuesday as market participants wrestled two dilemmas, namely the weather-related disruptions from Australia and the safety outages in Brazil.
Vale resumes operations at Viga in Minas Gerais
Operations at the iron ore ... Vale bought miner Ferrous Resources Limited for $550 million in 2019, including units for mining tailings disposal, after shutting down some of its dams in Minas ...
Pollution insurance costs to jump for US tailings dams after Vale …
The 2019 mining disaster in Brazil is expected to lead to a double-digit jump in costs to insure U.S. tailings dams that store mining waste against liability for environmental catastrophes.
Iron ore mining industry worldwide
Brazilian mining company Vale S.A.'s iron ore production ... while total U.S. iron ore shipments stood at ... Premium Statistic Production volume of iron ore in China 2015-2023 ...
Vale advances a pioneering project to adopt low-carbon fuels in shipping
Vale has achieved a major advance in the adoption of alternative, lower-carbon fuels for shipping. A pioneering project developed by the company resulting in a design to incorporate multi-fuel tanks on iron ore carriers has received an Approval in Principle (AIP) from the leading Classification Society DNV.
Vale announces seven agreements in China to strengthen its …
Vale announced on Wednesday, 29th, the signing of seven agreements with different Chinese partners to reinforce its strategic agenda and strengthen its …
Vale seeks go-ahead to build iron ore mine by biodiversity …
Vale SA is seeking to boost iron-ore output by reviving efforts to develop a controversial mine in a mountainous region of southeastern Brazil known for its lush forests and endangered wildlife ...
Vale announces seven agreements in China to strengthen its …
These agreements come at a time when Vale is celebrating 50 years since its first iron ore shipment to China in 1973. ... country to support the continued development of its economy and further deepen our strategic partnership in sustainable mining and low-carbon solutions." ... The partnership between Vale and ACCEPT …
Vale's Q2 2024 profit soars on higher iron ore sales
Vale's iron ore shipments saw notable growth, increasing by 5.4 million tonnes (mt) from a year ago and by 16mt from Q1 2024. This was due to record production for a second quarter since 2018 and sales from inventory. Net operating revenues in Q2 2024 reached $9.2bn, down from $9.67bn in the same period of 2023.
50 years of partnership between Vale and China
Fifty years ago, Vale was sending its first shipload of iron ore exported from Brazil to China, giving birth to a collaboration that would become fundamental for the economic and technological development of both countries.
Iron ore price jumps as Chinese inventory drops to the …
Shipments from Rio Tinto were seen declining, while Vale has interrupted production at two mines over safety concerns, reducing its output by 40,000 tonnes a day.
Massive new port could give Vale back iron ore crown
Despite the covid-19 pandemic, Chinese demand and Brazilian supply constraints have propelled iron ore prices to decade-highs above $175 a tonne this quarter.
Mining
Mining. 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.
Vale inaugurates pilot plant that allows for more sustainable mining
To achieve the required quality and be included in Vale's product portfolio, this ore must be blended with the ore from Carajás - this blending is carried out at Vale's Distribution Centers in China and Malaysia. Dry processing is associated with the quality of the iron ore from the mine face.
Iron ore price surges to 10-year high after Vale, Rio miss on …
Iron ore prices jumped more than 4% on Tuesday, extending gains spurred by improved steel profit margins in China and disappointing output figures from Rio Tinto and Vale.
Vale Reaches Agreement with China's Cosco for Iron Ore
Vale, which plans to double iron ore shipments to China in the next five years, currently supplies 12 percent to 14 percent of the country's iron ore. The agreement with Cosco would potentially pave the way for more productive negotiations with China over docking Vale's mega-bulk carriers known as the Valemax.
Heavy rains put pressure on Brazilian iron ore shipments
Seasonal rains at the Ponta da Madeira port, Vale's iron ore and manganese loading terminal in the Northern System resulted in fewer shipments from Carajás.
Iron ore price dips as falling China demand, high shipments …
A seasonally slowing demand for steel products will also drag down consumption for iron ore, Sinosteel Futures said.
China
Started to use the second-generation Valemaxes to transport iron ore to China. 2019. Vale Qingdao Office was opened. In addition to operations. Vale's partnership with China …
Vale iron ore shipments from Northern Brazil at lowest in …
Iron ore shipments from the Ponta da Madeira port in São Luís were 18% lower than expected in July, according to Marine Traffic.
Brazilian iron ore could be key to China's decarbonization …
Of the 388 million tons of iron ore Brazil exported last year, 64 percent went to China, with 76 percent coming from Vale.
China iron ore soars as Rio Tinto cuts shipments forecast
Mining giant Rio Tinto on Thursday lowered its guidance on volumes of iron ore it expects to ship from the key Pilbara producing region in Australia for the third time since April.
Vale resumes pellet production at Vargem Grande
Brazil's mining regulatory agency had ordered Vale to halt operations at Vargem Grande in 2019 to guarantee the ... A halt could limit Vale's iron ore shipment capacity by 32 million tonnes ...