--- title: "Vale SA plans to invest 67 billion Brazilian Reais (equivalent to 12.3 billion USD) to upgrade the f" description: "Vale SA plans to invest 67 billion Brazilian Reais (equivalent to 12.3 billion USD) to upgrade the five oldest iron ore (mining/smelting) facilities in southern Brazil before 2030" type: "news" locale: "en" url: "https://longbridge.com/en/news/256001410.md" published_at: "2025-09-04T16:57:03.000Z" --- # Vale SA plans to invest 67 billion Brazilian Reais (equivalent to 12.3 billion USD) to upgrade the f > Vale SA plans to invest 67 billion Brazilian Reais (equivalent to 12.3 billion USD) to upgrade the five oldest iron ore (mining/smelting) facilities in southern Brazil before 2030 Vale SA plans to invest 67 billion Brazilian Reais (equivalent to 12.3 billion USD) to upgrade the five oldest iron ore (mining/smelting) facilities in southern Brazil before 2030 ### Related Stocks - [VALE.US - Vale SA](https://longbridge.com/en/quote/VALE.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Indonesian nickel giant Vale digs deeper into battery-grade nickel even as iron-based packs go mainstream | Vale Indonesia is investing heavily in battery-grade nickel, anticipating sustained demand for nickel-based EV batteries | [Link](https://longbridge.com/en/news/276022540.md) | | Vale Hit With New Legal Actions After Overflows at Minas Gerais Sites | Vale Hit With New Legal Actions After Overflows at Minas Gerais Sites | [Link](https://longbridge.com/en/news/275115934.md) | | Iron ore dips as traders unwind positions ahead of China holiday | Iron ore dips as traders unwind positions ahead of China holiday | [Link](https://longbridge.com/en/news/275846931.md) | | Vale aims to finish recovery work at Viga, Fabrica mines in 2-3 weeks | Vale aims to finish recovery work at Viga, Fabrica mines in 2-3 weeks | [Link](https://longbridge.com/en/news/275924181.md) | | Vale Files Routine February 2026 Form 6-K With U.S. SEC | Vale S.A. filed its Form 6-K for February 2026 with the U.S. SEC, confirming compliance with U.S. reporting requirements | [Link](https://longbridge.com/en/news/275921781.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.