Vale SA (VALE) has released an update.
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.
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