Vale SA (VALE) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Vale S.A. has entered into a significant R$101 million contract with Edge Comercialização S.A., a subsidiary of Cosan, for the supply of natural gas. The agreement, effective from January to December 2025, was secured through a competitive bidding process involving 21 suppliers. Vale is committed to withdrawing 90% of the contracted gas monthly, with a penalty clause for shortfalls.
For further insights into VALE stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- BTCC, WGMI: 2 Bitcoin ETFs for Crypto Exposure
- Shareholder Alert for PACS Group, Inc. (NYSE:PACS)
- Netflix Wins Shareholder Lawsuit Alleging Misleading Growth Forecasts
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
