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Vale, Brazil fail to reach deal for railway concessions renegotiation

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Vale, Brazil fail to reach deal for railway concessions renegotiation

Aug 28, 2025 10:43 AM

SAO PAULO, Aug 28 (Reuters) - Miner Vale 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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