Vale said on Tuesday it expects to produce between 325-million and 335-million metric tons of iron-ore in 2025, following an output of about 328-million tons this year.
Vale Base Metals, a unit of Vale SA (NYSE: VALE), announced on Tuesday that it has completed the construction and commissioning of its C$4.13 billion ($2.94 billion) Voisey’s Bay nickel-copper underground mine in northern Labrador.
The Ministry of Energy and Minerals signed on Thursday a mining concession agreement with Al Tamman Indsil FerroChrome, granting exploration and mining rights in concession area No (22-D) in North al Sharqiyah Governorate.
Mine developers in Latin America are seeking new lithium and nickel prospects as current low market prices bring acquisition opportunities for those with a foothold in the region.
After the announcement of the discontinuation of the quarterly European ferro-chrome benchmark in June 2024, the question of how to replace it became a key priority for the ferro-chrome industry, especially given it was still in use in long-term contracts at t...