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Vale SA ( (VALE) ) has provided an update.
Vale S.A. has successfully completed the decharacterization of the Área IX dam in Ouro Preto, marking the elimination of 57% of its upstream dam structures as part of its Upstream Dam Decharacterization Program. This initiative, which started in 2019, underscores Vale’s commitment to safety and environmental responsibility, having invested over R$ 10 billion in the project to ensure inactive structures are permanently monitored and managed according to the highest safety standards.
More about Vale SA
Vale S.A. is a leading mining company primarily involved in the extraction and management of mineral resources. It operates mainly in Brazil and focuses on mining and metals, providing significant contributions to global industrial production.
YTD Price Performance: -39.99%
Average Trading Volume: 31,854,128
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $37.33B
Learn more about VALE stock on TipRanks’ Stock Analysis page.
