Skip to content
The Nexus
BUSINESSJul 21 · 17:33 UTCTHE RIO TIMESRichard Mann

Brazil’s Vale Output Jumps as Government Pushes Into Board

Vale's Q2 iron ore output rose to 85 million metric tons due to increased volumes from Capanema and Vargem Grande. Analysts predict a 14% decline in net profit to US$1.8 billion amid rising costs. The Brazilian government is pushing a nominee into Vale's board.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned
ValeorganizationBrazilian GovernmentorganizationCitiorganizationCapanemaplaceVargem GrandeplaceIron Oretopic
Spot something wrong with this article?Report a problem →
Forward this
Related Signal

Adjacent reporting

Brazil’s Vale Output Jumps as Government Pushes Into Board · The Nexus