Vale
latest news & developments
Anglo American nickel output cut until 2016
Design problems at its largest nickel plant will see Anglo American unable to reach full output capacity for the next three years.
$1-billion boost for Malawi’s railways
Malawi has signed a $1-billion deal with Brazil’s Vale for the construction of a rail line to transport 18-million tonnes of coal from Mozambique.
Brazil businesses to invest $500-million in Mozambique
A group of Brazilian businesses on a visit to Mozambique have pledged to invest up to $500-million in the country.
Things that go boom!
Lynley Donnelly investigates the reasons behind the quadrupling of the prices of commodities.
BHP raises Rio bid; no immediate Chinese riposte
BHP Billiton launched a hostile ,4-billion bid for rival Rio Tinto in a move that could trigger a Chinese-led counterbid in the world’s second biggest corporate takeover.…
Chinese sniff around Xstrata but unlikely to bite
China’s state-backed miners have looked at Xstrata but are unlikely to bid for it, leaving Brazil’s Vale or Anglo-American best placed to snap up the Anglo-Swiss miner. Vale,…