Vale (VALE) board members have voted against Previ's proposal to remove Daniel Andrà Stieler as chairman, setting up a possible governance battle at the world'
Brazilian miner Vale plans to invest up to 13 billion reais ($2.56 billion) in decarbonization initiatives to meet its voluntary emissions reduction targets and mitigate climate-related risks, a sustainability report showed on Monday.
Gustavo Pimenta, CEO of Vale, says that conflict with Iran has not impacted global demand for metals from the top iron ore producer. Pimenta also discussed the impact of the war on its sites in Oman, saying that he remains optimistic about the facility's future despite having to shut down production during the conflict.