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VALE S.A. - $VALE STOCK NEWS

Welcome to our dedicated page for VALE S.A. news (Ticker: $VALE), a resource for investors and traders seeking the latest updates and insights on VALE S.A. stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect VALE S.A.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of VALE S.A.'s position in the market.

Rhea-AI Summary
Vale SA, the world's second-largest mining company, is facing a £3bn lawsuit in the Netherlands for its role in the Mariana Dam collapse, Brazil's worst environmental disaster. The claim includes seven Brazilian municipalities, nearly 1,000 businesses, over 77,000 individuals, and is brought by a not-for-profit foundation. The lawsuit targets Vale SA and Samarco Iron Ore Europe BV, Samarco's Dutch subsidiary, with assets ringfenced for potential compensation.
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0.74%
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Rhea-AI Summary
Vale Base Metals signs a Definitive Agreement with PT Mineral Industri Indonesia and Sumitomo Metal Mining Co., Ltd. to divest approximately 14% pro-rata combined equity interest in PT Vale Indonesia Tbk. The transaction aims to meet Indonesia's ownership requirements by December 2025, with MIND ID becoming the largest shareholder in PT Vale. VCL to receive US$160 million in cash upon closing.
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Wheaton Precious Metals Corp. (WPM) announces successful completion of Salobo III expansion project throughput test, surpassing expectations and demonstrating increased reliability. VBM confirms average throughput of 32.3 Mtpa, exceeding the required 32 Mtpa for 90 days. Wheaton International to make a payment of $370 million to Vale Base Metals for completion of the first phase of the expansion project. The company is well-positioned to fund the expansion payment with $834 million cash on hand, available credit, and strong operating cash flows.
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-4.16%
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Rhea-AI Summary
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1.23%
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-5.09%
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-2.28%
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7.44%
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covid-19
VALE S.A.

NYSE:VALE

VALE Rankings

VALE Stock Data

54.32B
4.01B
0%
18.36%
0.89%
Iron Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
Rio De Janeiro

About VALE

Vale S.A., formerly Companhia Vale do Rio Doce is a Brazilian multinational corporation engaged in metals and mining and one of the largest logistics operators in Brazil. Vale is the largest producer of iron ore and nickel in the world.