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News 2026-10-13 10:05 UTC

Vale names Reinaldo Castanheira as vice chairman of board

Vale removed board vice chairman Marcelo Gasparino da Silva as a sanction tied to deliberate disclosure of confidential board information. Gasparino resigned as board member and vice chairman effective Aug. 1, 2026, making any shareholder confirmation of removal moot. The board also removed Gasparino from the Nominatio