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Vale shares rise on iron ore strength, VBM IPO speculation
InfoMoney·BR·about 10 hours ago
Vale formally responded to CVM and B3 inquiries, stating no studies or decisions exist regarding a capital opening or structural transaction for Vale Base Metals, and that its strategy remains unchanged. This follows media reports that the company had abandoned such plans, which the miner neither confirms nor explicitly denies. The clarification aims to address market speculation and regulatory scrutiny, with implications for investor expectations around the subsidiary's future.