On the Record · Vale
Vale acquisitions, on the record
The businesses Vale bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Aliança Geração de Energia S.A.Word for word“In March 2024, we entered into an agreement to acquire the entire 45%-stake held by Cemig Geração e Transmissão S.A. (Cemig GT) in Aliança Geração de Energia S.A.” 20-F for 2023 | agreed acquisition | March 2024 | — |
PT Vale Indonesia Tbk (PTVI)Word for word“In February 2024, our subsidiary Vale Canada Limited (VCL), together with Sumitomo Metal Mining Co., Ltd. (SMM), signed a Definitive Agreement with PT Mineral Industri Indonesia (MIND ID), to comply with PTVI divestment obligation.” 20-F for 2023 | agreed divestiture | February 2024 | — |
Anglo American Minério de Ferro Brasil S.A. (Anglo American Brasil)Word for word“In February 2024, we entered into an agreement to acquire a 15% ownership interest in Anglo American Brasil.” 20-F for 2023 | agreed acquisition | February 2024 | — |
MRNWord for word“In November 2023, we concluded the sale of our 40% stake in MRN, including all associated obligations and rights, to Ananke Alumina S.A., a company affiliated with Norsk Hydro ASA (Hydro).” 20-F for 2023 | divestiture | November 2023 | — |
VBMWord for word“Manara Minerals and Engine No. 1 will acquire a combined equity interest of up to 13% in VBM for the aggregated amount of US$3.4 billion, which will be contributed to VBM, thereby diluting our equity interest in VBM to up to 87%.” 20-F for 2023 | agreed divestiture | — | US$3.4 billion |
Companhia Siderúrgica do Pecém (CSP)Word for word“In March 2023, we and our joint venture partners concluded the sale of our entire equity interests in CSP, a steelmaker plant with installed capacity of 3 million tons of steel slabs/year, located in the State of Ceará, Brazil, to Arcelor-Mittal Brasil S.A.” 20-F for 2023 | divestiture | March 2023 | — |
Midwestern SystemWord for word“In July 2022, the Company concluded the sale of the Midwestern System (note 16g).” 20-F for 2023 | divestiture | July 2022 | — |
ferroalloy operationsWord for word“Manganese: In January 2022, the Company concluded the sale of its ferroalloy operations and, therefore, Vale is no longer a producer of manganese (note 16i).” 20-F for 2023 | divestiture | January 2022 | — |
Aliança Geração de Energia S.A. (Aliança Energia)Word for word“In August 2024, we completed the acquisition of the entire 45%-stake held by Cemig Geração e Transmissão S.A. (Cemig GT) in Aliança Geração de Energia S.A. (Aliança Energia), upon payment of US$493 million.” 20-F for 2024 | acquisition | In August 2024 | US$493 million |
Aliança Geração de Energia S.A.Word for word“Related parties • Divestment of Aliança Geração de Energia S.A. (“Aliança”) – In September 2025, the Company completed the sale of a 70 % interest in Aliança to Global Infrastructure Partners (“GIP”) for US$ 871 . ” 20-F for 2025 | divestiture | In September 2025 | US$ 871 |
Anglo American Minério de Ferro Brasil S.A.Word for word“In December 2024, we completed the acquisition of a 15% interest in Anglo American Minério de Ferro Brasil S.A (Anglo American Minas Rio) by contributing the high-grade Serra da Serpentina iron ore resources and paying an amount in cash.” 20-F for 2025 | acquisition | In December 2024 | — |
Read from Vale’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-03-27. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.