| Vale confirms court order allowing it to reopen Port of Tubarao | |
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RIO DE JANEIRO, Jan 25 (Reuters) - Brazilian mining company Vale SA on Monday confirmed that an appeals court overturned an order closing its Port of Tubarao iron ore and coal terminals, allowing it to restart a facility responsible for about a third of its iron ore exports. Vale, the world's largest iron ore exporter, said the order came from Brazil's Federal Regional Tribunal. Reuters, citing the company's lawyer Sergio Bermudes, had earlier reported that the court had issued an order reopening the port and that it has 60 days to present a plan to fix environmental problems that led to the original closure. (Reporting by Jeb Blount)
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Vale
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EXPLORATION STAGE |
CODE : VALE3.SA |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Vale is a producing company based in Brazil. Its main exploration property is GALIURO in USA. Vale is listed in Brazil and in France. Its market capitalisation is BRL 297.2 billions as of today (US$ 150.8 billions, € 136.0 billions). Its stock quote reached its lowest recent point on February 19, 2016 at BRL 10.51, and its highest recent level on August 27, 2021 at BRL 99.80. Vale has 5 244 319 744 shares outstanding. |