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Here’s How the Rs. 32.63 Diesel Price Cut Happened

The government has capped the diesel crack spread at $41.5 per barrel to limit the impact of high international diesel … Read More The post Here’s How the Rs. 32.63 Diesel Price Cut Happened appeared first on ProPakistani .

Here’s How the Rs. 32.63 Diesel Price Cut Happened

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Vale Wants Porto Sudeste Without Paying Cash for It

Two binding offers are on the table for the Rio de Janeiro iron ore terminal. Vale is trying to join one of them without writing a cheque.

  • Vale explores acquiring Porto Sudeste without paying cash.
  • Potential buyers include BlackRock, Vale, and Gerdau.
  • Take-or-pay contract proposed to guarantee iron ore volumes.

Vale Puts ABB Robotics Into More Iron Ore Plants After Big Gains

One model plant in Minas Gerais reported a quarter more output per hour. Vale now wants the same systems in the rest of its processing plants.

  • Vale and ABB formalize partnership on August 11th, 2026
  • Conceição II plant in Minas Gerais showcases 25% productivity increase
  • Direct reduction ore output at one plant rises 40%

More from Thursday 20 August →