The Brazilian miner expects sales of higher-grade iron ore to Chinese buyers will boost earnings
Tag: iron ore
Posted inDaily Brief
Moody’s upgrades Vale
Brazilian iron ore miner could lower its leverage ratio to 2.2x by the end of the year as it cuts costs and trims investments, rating agency says
Posted inDaily Brief
CSN mulls iron ore unit sale
Brazilian steelmaker could offload 20% to 30% of Congonhas Minérios as it looks to raise some $2.35bn from asset sales, CEO says
Posted inDaily Brief
Moody’s downgrades Monticello Insurance
Reinsurance firm placed on negative outlook after parent company Vale cut
Posted inDaily Brief
Manabi seals Maverick acquisition
Brazilian iron ore miner has finalized agreements with Maverick, an offshore navigational services company
Posted inMagazine
Andean Special Report: Ore Dreams Turning Reality
It has taken 160 years, but the waiting may finally be over for Bolivia’s massive Mutún deposit. Many remain skeptical that the iron ore will ever see the light of day.