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Stock impact report

Brazilian Miner Boosts Rare Earths Output in Challenge to China's Grip [Yahoo! Finance Canada]

VALE S.A. American Depositary Shares Each Representing one common share (VALE) 
Last vale s.a. american depositary shares each representing one common share earnings: 4/29 04:02 pm Check Earnings Report
US:NYSE Investor Relations: vale.com/en/investors/pages/default.aspx
Most Read from Bloomberg The company, which started commercially producing concentrate in Brazil's Goias state about a year ago, plans to deliver 5,000 tons of rare earth oxide annually in 2026, Chief Operating Officer Ricardo Grossi said in an interview. The higher output will come alongside increased capacity, he said Monday, without disclosing numbers. Serra Verde is also mulling strategic partnerships with companies and countries to expand in rare earth metals production and processing, said Grossi, whose closely held firm produces neodymium, praseodymium, terbium and dysprosium. He sees a chance for the miner to become an alternative supplier to the West for such critical minerals, especially if China expands export controls against the US to more metals. China has a dominant role as a producer and processor of the 17 rare earth elements used in magnets needed for electric vehicles, wind turbines and solar panels, as well as in critical military hardware. The Asian nation, Show less Read more
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