The Brazilian miner expects sales of higher-grade iron ore to Chinese buyers will boost earnings
Tag: Vale
Posted inDaily Brief
Moody’s returns Vale to investment grade
Higher production and lower debt lets the Brazilian iron ore miner stand up to price fluctuations in the commodities market, ratings agency says
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Vale, Mitsui net commitments on jumbo PF deal
Brazilian miner, Japanese conglomerate gather $2.7bn in 14-year funds for a logistics project in Mozambique
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Fitch bumps Vale up a notch
Brazilian miner hits BBB+ while its outlook changes to stable from negative
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Vale accepts early tender offers
Brazilian miner agrees to buy back $489m of $750m in 4.625% 2020 bonds
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Moody’s upgrades Vale
Rating agency says the Brazilian miner will keep lowering debt through 2018
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Vale launches buyback
Brazilian miner eyes up to $750m in outstanding 4.625% 2020 bonds
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Vale nets strong response from share conversion
More than 80% of the Brazilian miner’s preferred shareholders agree to exchange their stock, moving the company closer to a listing on the Novo Mercado
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Vale shareholders approve restructuring
Brazilian mining company receives approval from 68% of preferred shareholders surpassing the required 54%
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BNDES makes more wind loans
National development bank approves $315m in financing for three projects in northeast Brazil