Global miner Vale and equipment OEM Caterpillar will boost their shared focus on productivity, innovation and decarbonization after signing a new five-year global framework agreement that strengthens their ties. Among the objectives with the new deal: a greater focus on productivity and innovation, including carbon reduction initiatives. The companies also reaffirmed their commitment made in April 2024 to cooperate towards…
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Vale confirmed last week the construction of the world’s largest activated clay factory, to use mining waste to produce cement, in the state of Pará, Brazil. The largest sustainable cement plant will be managed by Circlua, a company created by Vale to implement green cement solutions, and will produce 3000 tons per day of activated clay from clay from the…
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Brazilian miner Vale said its subsidiary Vale Base Metals has initiated a strategic review to explore and evaluate a number of alternatives, including the potential sale, of its mining and exploration assets in Thompson, Manitoba. The Thompson review is part of a process to optimize Vale Base Metals’ asset base, with a view to ensuring the competitiveness of its integrated…
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Vale has completed construction and commissioning of the Voisey’s Bay mine expansion project, transitioning the Canadian nickel mine from open pit to underground mining. Full story.
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Photo: Léo Lopes Vale has begun commissioning its Capanema project, located 80 kilometers from Belo Horizonte in Minas Gerais, Brazil. Part of its Marianna complex, the project is set to strengthen the miner’s iron ore production by 15 million tons annually. “We are resuming operations at the Capanema mine with safer, more efficient and sustainable practices. Capanema will produce sinter…
Read MoreVale announced it has fulfilled all conditions precedent in its partnership with Anglo American, where the company has acquired a 15% equity interest in Minas-Rai mine complex owner Anglo American Minério de Ferro Brasil. Considering the closing of the transaction, Anglo American will now own the Serra da Serpentina assets previously owned by Vale in Brazil. Under the terms of…
Read MoreVale and BYD have signed a letter of intent to explore the electrification of Vale’s light vehicle fleet. The study will evaluate the necessary infrastructure for recharging vehicles in Vale’s areas and test electric models like the BYD Dolphin and Shark pickup in operational areas. The initiative aims to reduce the use of fossil fuel-powered cars and contribute to the…
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Brazil has signed a 170 billion reais (US$29.85 billion) compensation agreement with BHP, Vale and Samarco for the Mariana tailings dam collapse in 2015 that killed 19 and polluted the Doce River, reported Reuters. The collapse at the iron ore mine owned by Samarco, a joint venture between Vale and BHP, near the city of Mariana in southeastern Brazil, is…
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BHP has confirmed a settlement agreement with Vale regarding group action proceedings in the UK in respect of the Fundão Dam failure in Brazil. The miner said it and its UK arm were defendants to a group action claim in the English High Court, which was brought by over 600,000 claimants seeking damages in relation to the 2015 Fundão Dam…
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Vale has signed a master services agreement (MSA) with Wabtec to boost the efficiency and operations of its Evolution Series (EVO) locomotive fleet at Estrada de Ferro Carajás (EFC) in northern Brazil. The 10-year deal, valued at R$1.8 billion/US$335.7 million, will optimize the maintenance services for Vale’s fleet increasing availability, reliability, and the potential for expanded freight transport on the…
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