BRASÍLIA: Brazilian miner Vale SA said on Thursday it produced a record 349 million tonnes of iron ore in 2016, above its own guidance, helped by the successful ramping up of its new S11D mine in the Amazon.
The world’s largest producer of iron ore had guided that output would be at the lower end of a range of 340-350 million tonnes. Vale said it produced 92.4 million tonnes in the fourth quarter of 2016.
SAO BERNARDO DO CAMPO, Brazil: The Brazilian unit of German automaker Mercedes-Benz (DAIGn.DE) expects overall domestic truck sales to rise...
Chinese beef importers are seeking to renegotiate prices previously agreed when they closed deals to buy dozens of shipments from...
BRASILIA: Brazil’s central bank chief, Roberto Campos, said that policymakers are monitoring tensions between Iran and the United States to...
Brazil’s government imposed a 6.6 million real ($1.6 million) fine on Facebook Inc. and its local unit for their role...
