In a recent announcement by CEO Eduardo Bartolomeo, the Brazilian miner outlined its plans to ramp up annual iron ore production to a staggering 340-360 million metric tons by 2026, according to S&P Global Commodity Insights (GCI).
Rio de Janeiro [Brazil], February 5 (ANI/Xinhua): Brazil's southeast state of Minas Gerais and mining giant Vale on Thursday signed an agreement that commits the company to pay nearly USD 7 billion in recompense for a dam disaster in 2019 that killed hundreds and polluted a vast region.