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An update from Vale SA ( (VALE) ) is now available.
On February 14, 2025, Vale S.A. announced that it is evaluating the potential sale of a 70% stake in Aliança Geração de Energia S.A. to Global Infrastructure Partners (GIP). The assets under consideration for divestment include Sol do Cerrado and Consórcio Candonga. Vale has not yet signed a binding agreement and emphasizes that any decision will adhere to its governance policies. The company reassures stakeholders that it will provide timely updates on any significant developments regarding this transaction.
More about Vale SA
Vale S.A. is a leading global mining company based in Rio de Janeiro, Brazil. The company primarily focuses on the production and export of iron ore and nickel, and it engages in operations that span across various countries, particularly Brazil and Canada. Vale has a significant presence in the global mining and metals market, and is involved in energy generation through its various assets, such as Aliança Energia.
YTD Price Performance: 7.77%
Average Trading Volume: 32,268,204
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $40.63B
Find detailed analytics on VALE stock on TipRanks’ Stock Analysis page.