Vale’s Quarterly Profits Decline
Bloomberg reported stock in Vale (SAO:VALE5) declined after the company announced a huge loss in quarterly profits.
Articles Tagged "brazil"
German Company Opposes Vale Pricing
Bloomberg reported a German steelmaker has said it disagrees with Vale's (SAO:VALE5) new pricing plan for iron ore.
Vale CEO Says Iron Ore Demand in China Will Stay Strong
Reuters reported Vale SA (SAO:VALE5) CEO says China's demand for iron ore will continue to grow despite expectations the country's industry is waning.
Vale to Hire 10,000 in Next Year
Forbes reported Vale (SAO;VALE5) plans to hire 10,000 people around the world in 2012 and triple their company in the next three years.
MMX Rises 8% on Increase in Iron Ore
Bloomberg reported MMX Mineracao & Metalicos SA (SAO:MMXM3) reached an eight month high has iron ore prices increased.
Talon Metals Drilling Results From Iron Ore Project
Talon Metals Corp. (TSX:TLO) announced the results of its Trairao iron project in Para State, Brazil.
Falcone Selling Iron Ore Miner’s Shares to Raise Money for Loan Repayment
Bloomberg reported Harbinger Capital Partners LLC wants to sell its shares of Ferrous Resources Ltd. to raise cash for loan repayments.
Iron Ore Production Down 20% in Brazil
Bloomberg reported iron ore production is down 20% in Brazil, according to Vale (SAO:VALE5).
Vale Docks First Giant Iron Ore Ship in China
Reuters reported Vale (SAO:VALE5) has docked one of its giant iron ore vessels in China for the first time.
Vale May Change Shipment Prices to Reflect Spot Iron
Platts reported Vale SA (SAO:VALE5) is considering changing iron ore shipment prices to match spot prices.
