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Vale Announces Massive 70 Billion Real Investment Plan to Expand Iron and Copper Production at Carajás Complex

17 February 2025 | Commodities, Commodities, Economy, Futured, Highlights, Market Forecasts - Industrial Metals, News

Brazilian mining company Vale, a leading global iron ore producer, has announced an ambitious 70 billion reais (about $12.26 billion) investment plan to boost production at its main Carajás mining complex, located in the state of Pará in northern Brazil. This investment aims to increase iron ore mining by 13 percent by 2030 and strengthen […]

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