|Bid||12.60 x 43500|
|Ask||12.80 x 45100|
|Day's Range||12.50 - 13.04|
|52 Week Range||11.16 - 23.18|
|Beta (5Y Monthly)||0.64|
|PE Ratio (TTM)||3.88|
|Forward Dividend & Yield||2.70 (22.06%)|
|Ex-Dividend Date||Sep. 23, 2021|
|1y Target Est||18.56|
Brazilian miner Vale SA is considering replacing mineral coal used in the production of iron ore pellets with biochar derived from vegetation, after a successful test run, in what it sees as a major step towards reducing greenhouse gas emissions. Vale officials told Reuters that one of the company's pelletizing units in the northeastern city of Sao Luis produced 57,000 tonnes of pellets in a process in which biochar accounted for 25% of the total coal used, which allowed it to cut emissions by 10%.
Vale S.A (VALE) lowers the top end of its 2021 iron ore production guidance to 320 million tons from 335 million tons, while maintaining the lower end at 315 million tons.
(Bloomberg) -- Vale SA, the world’s second-largest iron ore producer, sees the Beijing Winter Olympics as the turning point for the steelmaking ingredient. Most Read from BloombergChina Cash Flowed Through Congo Bank to Former President’s Cronies‘Pension Poachers’ Are Targeting America’s Elderly VeteransReliving the New York Subway Map DebateIron ore futures have lost about half their value since mid-July as China limited steel output to contain pollution and power use. Some of those efforts wer