Vale, Brazil fail to reach deal for railway concessions renegotiation
ReutersAug 28, 2025 5:29 PM
SAO PAULO, Aug 28 (Reuters) - Miner Vale VALE3.SA said on Thursday that it has not reached a consensus with the Brazilian government and local land transport agency ANTT for the renegotiation of two railway concession contracts within a previously established deadline.
In a securities filing, Vale said the contracts for the Carajas and Vitoria-a-Minas railway concessions, which in 2020 had been extended until 2057, remain in effect.
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