Gustavo Pimenta

The head of top iron-ore producer Vale estimates that a surge in energy and freight costs triggered by conflict in the Middle East is making about 10% of supply in the global seaborne market... 

Brazilian iron-ore, copper and nickel producer Vale has launched a proposal to accelerate the growth of mining and position Brazil as a global leader in the sector, leveraging the country's... 

Brazilian multinational miner Vale has ranked first in all eight categories of the Metals & Mining sector in the 2026 Extel Latin America Executive Team awards. The ranking evaluates the... 

Vale, one of the world's largest iron-ore producers, on April 28 posted a 36% increase in its first-quarter net profit as it boosted sales volumes and benefited from higher prices for its products,... 

Brazilian miner Vale's iron-ore production rose to 336.1-million metric tons in 2025, the company said on Tuesday, marking the first time since 2018 that its output surpassed that of rival Rio... 

Brazilian miner Vale is preparing to meet rising iron ore demand from India, which could double its steel production by the end of the decade, CEO Gustavo Pimenta told Reuters. Rising sales to... 

Vale is likely to announce extraordinary dividends in the coming months, CFO Marcelo Bacci said during a call with analysts on Friday, following the release of the Brazilian miner's third-quarter... 

razilian miner Vale said on Thursday it will invest 67-billion reais ($12.36-billion) in its mining operations in Minas Gerais state by 2030, as it held a ceremony to mark the reopening of a key... 

The new head of Vale has laid out one of the Brazilian company’s most ambitious goals — becoming the world’s biggest metals producer by market capitalisation. “It has to be the biggest mining... 

Vale Base Metals (VBM) said on Wednesday that Mark Cutifani would step down as chairperson of the board in July, with Vale CEO Gustavo Pimenta appointed as his successor. Cutifani, the inaugural... 

Brazilian miner Vale is studying alternatives for its nickel portfolio including selling, making partnerships or putting assets in care and maintenance, as the market faces a challenging short-term... 

Brazilian miner Vale reported a 17% decline in its first-quarter net profit on Thursday, hit by lower iron ore prices despite improved costs. Vale, one of the world's largest iron ore producers,... 

Brazilian miner Vale said on Friday it expects to raise iron ore production in its main complex Carajas, in northern Brazil, by nearly 13% through 2030 as part of a 70-billion real ($12.26-billion)... 

Brazilian miner Vale will announce on Friday a 70-billion real ($12.2-billion) investment to expand its iron ore and copper mining operations at the Carajas complex in northern Brazil, the... 

A weaker China economy and battered iron ore prices have helped drive down Vale’s stock, making investors wary of uncertainties plaguing one of the world’s top suppliers of the steelmaking... 

Brazilian miner Vale, one of the world's largest iron ore producers, said on Monday it had partnered with China's Jinnan Steel Group to build an iron ore beneficiation plant in Oman to produce high... 

Brazilian miner Vale, one of the world's largest iron-ore producers, said on Thursday its third-quarter net profit fell 15% from a year earlier, hit by lower prices of the steel-making ingredient...