Vale’s Billion-Dollar Rail Deal and Green Tech Bet Could Redefine Mining’s Future

By Khac Phu Nguyen – Yahoo Finance

Vale (NYSE:VALE) just made waves in Brazil’s infrastructure scene, renegotiating its railway concession contracts for the Carajas (EFC) and Vitoria a Minas (EFVM) lines. The deal, worth up to 11 billion reais ($1.78 billion), aims to modernize operations and clean up legacy terms from prior extensions that run until 2057. As part of this renegotiation, Vale is adding 1.7 billion reais to its railway provisions, signaling a serious commitment to optimizing its transport infrastructure. While final approvals are pending, this agreement positions Vale to streamline its obligations and keep its critical railways running smoothly for decades.