Vale Prepares Philippines as Iron Ore Hub
Reuters reported Vale (SAO:VALE5) is creating an iron ore hub in the Philippines.
Articles Tagged "vale"
Commodity Investor Amine Bouchentouf: Iron Companies to Watch in 2012
Resource Investing reported Amine Bouchentouf's recommendations of iron ore companies to watch in 2012 including Vale (NYSE:VALE) and Cuervo Resources (CNSX:FE,FWB:CRR).
China Launches Physical Iron Ore Trading
Mineweb reported China launched a new physical iron ore trading platformwill help strengthen its pricing power and wrest control from global ore suppliers.
Vale Has Not Sold Iron Ore Shipment to China
Reuters reported Vale (SAO:VALE5) has not yet sold its first iron ore shipment to China, instead it has stored the material near port.
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’s Mega Iron Ore Carrier En Route to Philippines
Reuters reported one of Vale's (SAO:VALE5) mega iron ore carriers is expected to arrive in the Philippines this week with its maiden cargo of iron ore.
Vale Iron Ore Head Sees Asia Driving Steel
Reuters Canada reported iron ore will continue to sell in the range of $120 to $180 per tonne in the near term while China constrains its economy.
Vale to Have Lower Budget in 2012 Than in 2011
Bloomberg reported Vale SA (SAO:VALE5) will have a 2012 budget below the $24 billion planned for this year.
Vale Says Iron Ore Stabilized After Hitting ‘Rock Bottom’
Bloomberg reported Vale SA (NYSE:VALE) said prices for iron ore have stabilized and are recovering from “rock bottom” levels earlier this year.
Vale Marketing Director Pedro Gutemberg Leaves Amid China Iron Ore Talks
Bloomberg reported Vale SA (NYSE:VALE) Global Marketing Director Pedro Gutemberg is leaving his post during negotiations with China.
