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· Brazilian miner Vale shipped a larger proportion of its iron ore products to China at the expense of Europe and other Asian customers in April, according to trade data. ... Gasoline shipments on Colonial Pipeline are in high demand as imports decline ... Deteriorating pricing and demand coupled with inflationary pressure on input costs is a ...
· Rio de Janeiro, January 23, 2012 – Vale S.A. (Vale) informs that it is lifting force majeure (FM) effective January 23, 2012, on a number of its iron ore sales contracts. FM was declared on January 11, 2012 following heavy rainfall since mid-December 2011 and continuing over the beginning of January in the Brazilian states of Minas Gerais ...
· Iron ore prices have been rising lately as the market is optimistic, with Chinese demand for the metal expected to increase amid a rescue package for its construction sector and softer preventive measures to tackle COVID-19. Amid this backdrop, investors could look to buy shares of major iron ore producer VALE S.A. (VALE). Read on…
· Its iron ore sales grew 3.5% to 69 million tons. UBS' co-head of resources research, Lachlan Shaw, said that the high cost of iron ore operations would see miners lower their production, which will, in turn, reduce supply and eventually lead to a rise in the price. Over the last three years, VALE's dividend payouts have grown at a 157.6% CAGR.
· Vale, which shipped 190 million tonnes of iron ore and pellets to China in 2019, gave no further details. While steel mills in other countries have idled blast furnaces due …
The companies had hoped to start blending their ores this year, but the iron-ore market has changed considerably in recent months. The price of iron ore, one of the world's most heavily traded commodities, has nearly doubled since the beginning of 2016 due to strong demand from Chinese steelmakers and investors.
Vale is a long-term partner of China and one of the first companies in the world to export iron ore to China. Our first shipment of iron ore was sent to China in 1973, a year before the formal diplomatic relation between Brazil and China was established. ... On May 12th, 2008, an 8.0-scale earthquake hit Sichuan Province. Vale donated RMB 2.5 ...
· Meanwhile, in September this year Vale's iron ore sales in its domestic market amounted to 3.78 million mt, moving up by 130.3 percent year on year and by 99.3 percent month on month. In the January-September period of this year, Vale's iron ore sales in its domestic market totaled 19.19 million mt, increasing by 44.5 percent as compared with …
Accumulated shipments at the end of July were the lowest in 4 years. Vale flagged potential production setbacks last month amid temporary issues at multiple iron ore mines, but executives said the ...
· Massive new port could give Vale back iron ore crown. Global production of iron ore products reached 2.2 billion tonnes in 2020 and is expected to reach 2.35 billion tonnes in 2021, according to ...
· Shanghai, Oct 10. Brazilian iron ore giant Vale has approved construction of a 20Mtpa port facility comprising two berths and a stockyard at Shulanghu port in China's Zhejiang province.The RMB4.3B West III project will be a 50-50 JV between Vale and Ningbo Zhoushan Port Co. The project, subject to Chinese regulatory approvals, will …
· "Vale's exports of iron ore climbed 45.5% in April as the result of a 230.1% surge in shipments to China. Again, though, that has come from a low base," Panjiva …
· Brazilian iron ore mining giant Vale is in talks with the Alcantara Port Terminal on Brazil's northern coast to increase iron ore shipments to China – a move that aligns with China's recent ...
· Brazil's Vale SA (NYSE:VALE), the world's No. 1 iron ore exporter, is planning to double its exports to China within five years, the company's head of ferrous metals, Jose …
· Brazil's Vale SA churned out less ore than expected last quarter after lower productivity at one mine and a ship loader fire; Rio Tinto Group's shipments were disrupted by wetter-than-average ...
· Brazil's Vale SA (NYSE:VALE), the world's iron ore miner, is ready to send its first commercial shipment of the steel-making ingredient from its largest-ever new mine in the Amazon...
· Iron ore giant Vale signs equipment deal with China's top machinery maker. Brazilian mining company Vale SA logo and trading symbol are displayed on a screen at the New York Stock Exchange (NYSE ...
· Vale is counting on a fleet of 35 Valemaxes, each of which can carry up to 400,000-tonnes of cargo, to slash shipping costs to China to help it compete with Australian rivals BHP Billiton...
2 · It is estimated that the Xi'anshan mine, located 7 kilometers Southwest of Qianshan district in Anshan city, will produce an annual 30 million tons of iron ore and 10 million tons of iron ore concentrate. The project is scheduled to begin operations in 2027.
· Mining behemoth Vale SA (NYSE: VALE) has announced plans to double its iron ore exports to China within the next five years.. According to Jose Carlos Martins, …
· A dds details, background. BEIJING, June 2 (Reuters) - Brazil's Vale SA VALE3.SA expects iron ore shipments to China to rise in 2020 versus 2019 due to falling demand in other countries hurt by ...
· Brazilian mining company Vale S.A (NYSE:VALE) has reached an agreement with China Ocean Shipping Co. (Cosco) for iron ore transportation, helping the company cut costs amid slumping prices for the metal.. The agreement calls for Vale to transfer ownership of four iron ore carriers (400,000 deadweight tons) to Cosco. The company …
· Vale said that it was sticking with its annual iron ore output guidance of 310-330 million tons and has been adopting safety measures without stalling output. Zhu expects the shutdown may force Vale to deliver on the low end of the guidance range at 310 million tons and thus pose concerns for global supplies. "We expect a 32-million-ton surplus ...
· Brazilian mining company Vale SA plans to double its iron ore exports to China within five years, Jose Carlos Martins, the company's head of ferrous metals, told …
· Vale, which shipped 190 million tonnes of iron ore and pellets to China in 2019, gave no further details. While steel mills in other countries have idled blast furnaces due to sluggish...
Rio Tinto cuts '21 iron ore shipment to 320-325 million t. Rio Tinto, the world's second largest iron ore producers after Vale, has cut its Pilbara iron ore shipment …
· China Steel says the word's largest iron ore miner, Brazil's Vale, has slashed iron ore prices for the fourth quarter by 20 to 25 per cent.
Mining. Iron ore is present in the solutions that transform people's lives, contributing to the evolution of society. ... Our first shipment of iron ore was sent to China in 1973, a year …
· Despite the recent slump in prices MINING reported at the end of September the big 3 iron ore miners see no China weakness and believe iron ore imports …
· World No. 2 iron ore producer Vale posted a steeper-than-expected drop in quarterly profit on slumping prices and lingering cost inflation amid a global economic slowdown. The Brazilian mining ...