Vale S.A. (VALE)
After hours:
- Bloomberg
Brazil Deluge Exposes Vale’s Lingering Waste Risk Even as Mines Restart
(Bloomberg) -- Vale SA’s giant iron ore mines are bouncing back quickly from several days of heavy rain in southern Brazil, with annual output guidance intact. But the deluge has brought back into focus a far greater risk for the world’s No. 2 producer: tailings dams.Most Read from BloombergEarly Omicron Breakthroughs Show MRNA Vaccines’ WeaknessMicrosoft Buys Scandal-Tainted Activision in Bet on MetaverseStocks Drop as Selloff Puts Nasdaq Into Correction: Markets WrapCovid-19 Infected Lions Pro
- Zacks
VALE S.A. (VALE) Outpaces Stock Market Gains: What You Should Know
In the latest trading session, VALE S.A. (VALE) closed at $15.38, marking a +0.52% move from the previous day.
- Bloomberg
Iron Ore Climbs to 3-Month High as Deluge Halts Brazilian Mines
(Bloomberg) -- Iron ore advanced to the strongest level since the middle of October as heavy rains disrupted southeastern Brazil’s iron ore industry, with the world’s No. 2 producer Vale SA among companies halting operations and regulators sent to monitor the impact on tailings dams. Most Read from BloombergEU Warns Repeat Boosters Could Weaken Immune SystemEurope Slowly Starts to Consider Treating Covid Like the FluDjokovic Admits Doing Photo Shoot With Covid, Paperwork ErrorCypriot Scientist S
