Vale Dam Collapse Iron Ore Price

Vale Dam Collapse Iron Ore Price

Vale Q3 profit plunges on decline in iron ore prices

Vale has registered a net income of $ in the third quarter Q3 of 2024 an % year on year slump driven by a drop in iron ore and nickel In Q3 2024 the Brazilian miner s net income stood at $ Realised iron ore price in the quarter in the three months through September 2024 was $ a tonne compared with $ in the prior year while the average nickel price

Vale Dam Disaster Sets Iron Ore Running ShareCafe

It will pay to watch the ASX share prices today of iron ore exporters Rio Tinto BHP Fortescue and the clutch of wannabees left in the sector after a big dam collapse at a Vale mine in Brazil last Friday Iron ore prices in China rose strongly yesterday on the news The Metal Bulletin index price for 62% iron ore delivered to northern China

Fallout from dam disaster piles up against Vale

Since the dam failure the price of iron ore has risen by more than a third or $US27 to a five year high above $US100 a tonne — ironically cushioning the impact of Vale s own

Brazil dam collapse Vale the private giant responsible has a history

Brazil dam collapse Vale the private giant responsible has a history of flouting rules Vale is the biggest producer of iron ore and nickel in the world and was a state owned company when it was formed in 1942 Stakes in the company were auctioned by the government for R$ billion USD billion This was a very cheap price

Monitoring Plan for Emergency Works Vale

Iron ore is present in the solutions that transform people s lives contributing to the evolution of society In line with our time and focused on people we work to make Vale a more diverse and inclusive company in which each individual is free to be proud of their identity Since the collapse of Dam I at the Córrego do Feijão mine

COLUMN Iron ore prices shift structurally higher on Vale woes Russell

Spot 62 percent iron ore for delivery to China as assessed by Argus Media was at $ a tonne on Monday close to the two year peak of $ reached on Feb 11

Vale dam collapse to have immediate impact on iron ore supply prices

Iron ore prices have already broken the US$90/t mark for the first time since March 2024 following Vale s decision to cut output from its own operations by 70Mt Vale dam collapse to have

BHP hit with $ billion claim for Brazil dam collapse Small Caps

Brazil charged 22 people in 2024 with offences including murder over the Fundao dam s collapse Last year BHP and Vale settled a $ billion civil claim with local authorities to establish a clean up fund Other public cases such as a $57 billion civil reparation case are suspended BHP fighting on several legal fronts

The Vale Mining Company Dam Collapse In 2024 a dam

The Vale Mining Company Dam Collapse In 2024 a dam built to hold waste from a nearby iron ore mine owned by the Vale Mining Company Vale in Brumadinho Brazil collapsed killing 270 people The tsunami of mud was so powerful that it overturned houses mangled trucks and ripped off the scalps of some of the people buried under the toxic

China s iron ore hits 16 month high after Vale dam disaster

The dam broke on Friday and cut through a nearby community killing 58 people with hundreds still missing The most traded iron ore on the Dalian Commodity Exchange rose as much as 6

Shares of Iron Ore Stocks Soar After Vale s Production Cuts

Vale is cutting back production after another dam collapse has management putting a priority on safety and it s having wide ranging effects on the iron ore and steel industry

Brazilian Dam Collapse in 2024 Vale fined $7 billion in compensation

Vale the company owning a mining waste dam that collapsed in 2024 was fined $7 billion in On January 25 2024 an 86 meter dam operated by Vale a multinational firm in the mining and metal industry based in Brazil collapsed resulting in 270 fatalities and extensive damage to the local environment in the state of Minas Gerais The dam was holding waste from an iron ore mine

Vale 2024 iron ore output rose 5% on year as post Brumadinho curbs

Sales volumes of iron ore fines and pellets totaled million mt in 2024 up million mt from 2024 and in line with 2024 production it said S P Global Platts assessed the 62% Fe Iron Ore Index at $/ dry mt CFR North China on Feb 11 down $/dmt from Feb 10 The price has risen % year to date primarily on tight supplies

Iron ore price could temporarily spike above $US100 a tonne after dam

Rescue workers survey the damage in the first days after a Vale tailings dam failed in Brazil in January killing hundreds of people Credit Victor Moriyama Fortescue s stock jumped per cent

Treasurer Ben Wyatt calls end to WA s iron ore price bonanza as Brazil

Treasurer Ben Wyatt calls end to WA s iron ore price bonanza as Brazil s Vale steps up supply after dam collapse setbacks Joshua Zimmerman The West Australian Mon 12 August 2024 11 49AM The world s biggest iron ore producer Vale was forced to close several of its mines in Brazil following dam collapses earlier this year sparking a

Hundreds missing after Vale dam burst at Brazil mine seven bodies found

PARAOEBA COMPLEX The Feijao mine is one of four in Vale s Paraoeba complex which includes two processing plants and produced 26 million tonnes of iron ore in 2024 or about 7 percent

What Has Vale s Mine Dam Collapse in Brazil Done to Iron Ore Industry

Iron ore price goes higher and is expected to increase by 2 10% Take Chinese iron ore features as an example On Monday with the impact of Vale Chinese iron ore features rose by 6 percent up to yuan/t the highest point since September 2024 and eventually got closed at yuan/t an increase of % compared with the last trading day

Brazil s Brumadinho mining disaster will hurt Vale but iron ore firms

When the tailings dam at one of Vale s iron ore mines in the south eastern Brazilian state of Minas Gerais burst on January 25 it released a torrent of sludge and buried people and buildings in

Home Vale

Iron ore is present in the solutions that transform people s lives contributing to the evolution of society In line with our time and focused on people we work to make Vale a more diverse and inclusive company in which each individual is free to be proud of their identity Since the Brumadinho dam collapse which caused irreparable

Vale delivers on 2024 profits but slashes iron ore sales estimates

Vale NYSE VALE the Brazilian behemoth announced Thursday that it had slashed sales estimates for iron ore in 2024 after This website uses cookies We use cookies to personalise content and ads to provide social media features and to analyse our traffic

Vale Mining Company to Pay $7 Billion in Compensation for Brazil Dam

The dam built to hold waste from a nearby iron ore mine collapsed on Jan 25 2024 in the city of Brumadinho burying homes hotels rivers and the company s facilities under a wave of mud

SEC Charges Brazilian Mining Company with Misleading

The Securities and Exchange Commission today charged Vale a publicly traded Brazilian mining company and one of the world s largest iron ore producers with making false and misleading claims about the safety of its dams prior to the January 2024 collapse of its Brumadinho dam The collapse killed 270 people caused immeasurable

Photos of the Dam Collapse Near Brumadinho Brazil

An aerial view taken after the collapse of a dam that belonged to Brazil s giant mining company Vale near the town of Brumadinho in southeastern Brazil on January 25 2024#

China Iron Ore Prices Spike on Woes at Vale Caixin Global

China iron ore prices spiked to a nearly two year high when trading resumed after the weeklong Lunar New Year holiday on concerns connected to Brazil s Vale SA a top supplier to a Chinese industry that producers over half the world s Vale s supply situation has been in focus since Jan 25 when a dam associated with one of its mining operations burst in Corrego do Feijao in the

Fears for third Vale dam spur iron ore price rise The Australian

Shares in Australian iron ore miners shot up ahead of price breaching the $US100 mark on Friday with Fortescue Metals briefly crossing $9 a share before closing up 55c or per cent at $ Rio Tinto again surged above $100 a share to close up $ or per cent at $ while BHP was up 92c or per cent at $

Iron ore prices hit five year high after Vale warns of second dam burst

Prices were pushed up to $ per tonne a $ rise from Thursday according to data from S P Global Platts The cost of the iron ore has rocketed this year since Vale s Brumadinho dam

Brazil dam collapse Search for survivors suspended news

Vale shares plummeted on the New York Stock Exchange Friday closing eight per cent lower Brazil s environmental protection agency hit Vale with an initial $ million $A90 million fine over the disaster The ruptured dam had been in the process of being decommissioned and Vale said it had recently passed structural safety tests

Vale production disappoints again adding fuel to iron ore price rally

In 2024 before the Brumadinho dam collapse Vale produced 385 million tonnes The miner maintained its full year guidance of between 315 335 million tonnes of iron ore for 2024

Vale s Deadly Dam Disaster Spurs Fears Over Iron Ore Supply

The deadly collapse of a Vale SA tailings dam in Brazil is serving as a wake up call for an industry that regularly cuts costs by storing mining waste in the cheapest possible way Vale

Iron Ore Prices Jump to Highest Level Since 2024 on Vale Concerns

Benchmark iron ore with 62% iron content rose % to $ a metric ton breaking sharply higher at roughly 8 ET Iron ore is the key ingredient in steel that goes into

Free Quotation

Incredible has successfully built lots of crushing plants, grinding plants and metal ore dressing plants for our customers.

Get a Free Quote Now