Brazil's Vale to sell 13% stake in base metals unit for $3.4 billion
SAO PAULO Brazilian miner Vale SA said on Thursday it reached two separate agreements to sell a 13%
2023-07-28 07:51
Vale Profit Disappoints as China Slowdown Dampens Sales
Brazilian mining giant Vale SA reported second-quarter earnings that trailed expectations as weaker metal prices and sluggish sales
2023-07-28 07:46
Kering takes 30% stake in Italian luxury brand Valentino
PARIS French luxury group Kering, which is struggling to revive sales at its star brand Gucci, said on
2023-07-28 00:27
Iron Ore Looks Set for a Tumble as Major Stimulus Hopes Fade
Iron ore’s rally over the last couple of months is looking increasingly brittle as hopes fade for the
2023-07-27 06:25
Rio Tinto Iron Ore Shipments Dip as It Faces China Headwinds
Rio Tinto Group, the world’s top iron ore producer, said second-quarter shipments of the steelmaking ingredient fell 1%
2023-07-19 07:16
China Steelmakers Issue Stark Warning About Second-Half Outlook
China’s leading steelmakers warned the industry faces a very challenging second half as demand disappoints, profitability lags, and
2023-06-30 14:57
Mideast Buyers in $20 Billion Deal Rush for Plastics, Metals
Middle Eastern state firms are becoming increasingly ambitious as they scour the globe for acquisitions, targeting everything from
2023-06-21 01:16
Saudi Arabia’s PIF Leads Bidding for $2.5 Billion Vale Base Metals Stake
Saudi Arabia’s Public Investment Fund is emerging as the leading bidder to acquire a stake in Vale SA’s
2023-06-20 19:52
Iron Ore Sheds Nearly 5% After Goldman’s China Property Warning
Iron ore fell for the first time in nine sessions as Goldman Sachs Group Inc. warned that property
2023-06-12 10:49
GM Secures Financial Support for an EV Battery Plant in Quebec
General Motors Co. and Posco Future M Co., Ltd. have secured half of the financing for a C$600
2023-05-30 02:59
Vale Moves Ahead With $2.7 Billion Amazon Mining Expansion in Clean-Steel Bet
Vale SA is plowing ahead with a $2.7 billion investment to expand iron output in Brazil’s Amazon, betting
2023-05-19 21:56