Vale SA (VALE.N)
23 Mar 2018
PORTO NACIONAL, Brazil, March 23 Brazilian logistics company VLI SA has increased capacity of its Ferrovia Norte-Sul railway, a 720-km (447 miles) line linking the central state of Tocantins to the northern port of Itaqui, to serve farmers now harvesting this year's summer crop.
March 21 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:
SAO PAULO/RIO DE JANEIRO Brazilian pension funds led by Previ are planning to sell 10 percent to 12.5 percent of their stakes in iron ore miner Vale SA through a public offering, four people with knowledge of the matter said.
SAO PAULO, March 6 The board of Litel Participações, which holds Brazilian pension funds' stakes at miner Vale SA, has proposed to distribute shares of the miner to the funds.
RIO DE JANEIRO Brazil's Vale, the world's no. 1 nickel producer, plans to save well over $150 million by reducing costs across its nickel operations, which have notched positive cash flow for the past two months, company executives said on Wednesday.
RIO DE JANEIRO, Feb 28 Brazil's Vale, the world's no. 1 nickel producer, plans to save well over $150 million by reducing costs across its nickel operations, which have notched positive cash flow for the past two months, company executives said on Wednesday.
RIO DE JANEIRO, Feb 28 Executives at Brazilian miner Vale SA said on Wednesday that the world's top nickel producer plans to reduce costs in all its nickel operations by 10 percent this year, which they said implied savings well above $150 million. (Reporting by Alexandra Alper Editing by Chizu Nomiyama)
RIO DE JANEIRO, Feb 28 Brazilian miner Vale should achieve results in the first quarter that are similar to those in the final three months of 2017, even though the January to March period is usually weaker, Chief Executive Officer Fabio Schvartsman said on Wednesday.
RIO DE JANEIRO, Feb 27 Brazilian iron ore miner Vale SA's quarterly net income jumped by 47 percent but still badly missed analyst estimates, depressed by rising costs and foreign exchange related losses.
RIO DE JANEIRO, Feb 27 Brazil's Vale SA posted net income that missed estimates in the fourth quarter of last year, the world's largest iron ore producer said on Tuesday.
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