Dossier
Vargem Grande
Coverage of Vargem Grande in the Nexus archive.
- 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.