Simandou to mine first cargo by end 2025
With annual production capacity of 120 million metric tons, the Guinea is set to be the world's largest mine for the highest grade of iron ore.
The board of Brazilian miner Vale has approved Marcelo Bacci as the company’s new chief financial officer, according to a securities filing released on Friday, which added that the executive will start his new role on December 2.
Bacci, who served as finance chief for pulp maker Suzano, will replace Murilo Muller, who is temporarily serving in the job.
Following Bacci’s resignation, Suzano’s new chief financial officer will be Marcos Moreno Chagas, the company announced in a separate filing also on Friday.
(By Andre Romani)
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