Vale reports $694m loss in Q4 financial results
Despite a net income loss, Vale approved $1.98bn in shareholder payouts for March 2025, with a 10.4% annualised dividend yield.
20 February 2025
20 February 2025
Despite a net income loss, Vale approved $1.98bn in shareholder payouts for March 2025, with a 10.4% annualised dividend yield.
The move enhances Snow Lake's nuclear energy growth strategy, complementing its existing uranium projects in Namibia and Saskatchewan.
Globally, mining waste materials are on the rise, and tools including AI and digital mapping are stepping in to mitigate and manage essential tailings dam infrastructure.
The deal includes a total payment of $438m (C$622.33m) to Mali.
Around 30% of the energy required for the mine’s expansion project will be supplied by the Rosh Pinah Solar Park.
METLEN will supply Rio Tinto with 3.9mt of alumina from its Agios Nikolaos refinery over eight years, starting in 2027.
The issuance of new chess depositary interests (CDIs) represents 5.95% of the company's issued capital post-placement.
The transaction is slated for completion in Q2 2025, subject to regulatory approvals.
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