IBOV 172,236.05 ▲ 2.22% IPC MEX 71,866.30 ▲ 0.66% MERVAL 2,848,945 — — USD/BRL5.59▲ 1.43% USD/MXN18.69▲ 0.85% USD/CLP976.86▲ 1.00% USD/COP3,293▲ 5.55% USD/PEN3.41▲ 0.10% USD/ARS1,545▼ 0.02% USD/UYU40.45▲ 0.35% USD/PYG6,450▲ 1.45% USD/BOB11.74▼ 0.59% USD/DOP60.42▲ 2.34% USD/CRC446.56▼ 0.38% USD/GTQ7.64▼ 0.05% USD/HNL26.89▲ 0.02% USD/NIO36.62▲ 2.53% USD/VES897.02▲ 0.07% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▼ 0.02% USD/TTD6.72▼ 0.03% EUR/BRL6.24▲ 1.85% BRENT 89.66 ▼ 3.14% WTI 84.45 ▼ 2.76% IRON ORE 161.91 — — COPPER 6.26 ▼ 1.14% GOLD 4,061 ▼ 1.30% SILVER 51.90 ▼ 1.27% SOY 1,186 ▲ 0.34% CORN 439.75 ▲ 0.11% WHEAT 586.00 ▼ 0.34% COFFEE 267.70 ▼ 2.16% SUGAR 18.01 ▼ 1.10% ORANGE JUICE 143.50 ▲ 3.72% COTTON 78.30 ▼ 0.61% COCOA 4,822 ▼ 3.64% BEEF 216.33 ▲ 1.06% CATTLE 328.83 ▲ 2.02% LITHIUM 60.47 ▼ 1.43% PETR4 44.77 ▼ 0.93% VALE3 65.07 ▼ 1.57% ITUB4 41.93 ▲ 0.50% BBDC4 14.70 ▲ 0.14% ABEV3 15.75 ▲ 0.90% BBAS3 17.12 ▲ 0.59% B3SA3 14.88 ▲ 0.20% WEGE3 51.75 ▲ 1.99% PRIO3 59.15 ▼ 0.40% SUZB3 55.02 ▲ 1.51% RENT3 30.51 ▼ 1.04% AZZA3 15.09 ▼ 0.20% CSAN3 2.76 ▼ 0.36% RAIZ4 24.40 ▼ 12.86% PCAR3 2.44 ▲ 0.41% GMAT3 3.89 ▲ 1.57% PSSA3 45.98 ▲ 0.72% CVCB3 0.88 ▲ 1.15% POSI3 3.06 ▲ 0.99% SLCE3 16.95 ▼ 2.02% NATU3 5.69 ▼ 0.35% BRKM5 3.03 ▲ 0.33% RANI3 8.50 ▼ 2.97% CSNA3 4.39 ▼ 2.23% IBOV 172,236.05 ▲ 2.22% IPC MEX 71,866.30 ▲ 0.66% MERVAL 2,848,945 — — USD/BRL 5.58 ▲ 1.29% USD/MXN 18.71 ▲ 0.93% USD/CLP 977.65 ▲ 1.08% USD/COP 3,293 ▲ 5.53% USD/PEN 3.41 ▲ 0.14% USD/ARS 1,545 ▼ 0.02% USD/UYU 40.45 ▲ 0.35% USD/PYG 6,450 ▲ 1.45% USD/BOB 11.74 ▼ 0.59% USD/DOP 60.42 ▲ 2.34% USD/CRC 446.56 ▼ 0.38% USD/GTQ 7.64 ▼ 0.05% USD/HNL 26.89 ▲ 0.02% USD/NIO 36.62 ▲ 2.53% USD/VES 897.02 ▲ 0.07% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 2.42% USD/TTD 6.72 ▲ 2.10% EUR/BRL 6.24 ▲ 1.76% BRENT 89.66 ▼ 3.14% WTI 84.45 ▼ 2.76% IRON ORE 161.91 — — COPPER 6.26 ▼ 1.14% GOLD 4,061 ▼ 1.30% SILVER 51.90 ▼ 1.27% SOY 1,186 ▲ 0.34% CORN 439.75 ▲ 0.11% WHEAT 586.00 ▼ 0.34% COFFEE 267.70 ▼ 2.16% SUGAR 18.01 ▼ 1.10% ORANGE JUICE 143.50 ▲ 3.72% COTTON 78.30 ▼ 0.61% COCOA 4,822 ▼ 3.64% BEEF 216.33 ▲ 1.06% CATTLE 328.83 ▲ 2.02% LITHIUM 60.47 ▼ 1.43% PETR4 44.77 ▼ 0.93% VALE3 65.07 ▼ 1.57% ITUB4 41.93 ▲ 0.50% BBDC4 14.70 ▲ 0.14% ABEV3 15.75 ▲ 0.90% BBAS3 17.12 ▲ 0.59% B3SA3 14.88 ▲ 0.20% WEGE3 51.75 ▲ 1.99% PRIO3 59.15 ▼ 0.40% SUZB3 55.02 ▲ 1.51% RENT3 30.51 ▼ 1.04% AZZA3 15.09 ▼ 0.20% CSAN3 2.76 ▼ 0.36% RAIZ4 24.40 ▼ 12.86% PCAR3 2.44 ▲ 0.41% GMAT3 3.89 ▲ 1.57% PSSA3 45.98 ▲ 0.72% CVCB3 0.88 ▲ 1.15% POSI3 3.06 ▲ 0.99% SLCE3 16.95 ▼ 2.02% NATU3 5.69 ▼ 0.35% BRKM5 3.03 ▲ 0.33% RANI3 8.50 ▼ 2.97% CSNA3 4.39 ▼ 2.23%
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Tuesday, November 10, 2026

Brazil Business - Brazil

Brazil’s Vale abandons all mining operations on indigenous lands

By · · 2 min read

RIO DE JANEIRO, BRAZIL – Vale mining company has dropped all mining operations on indigenous lands in Brazil, after recognizing that the activity in such regions could only occur with the Free, Prior and Informed Consent (FPIC) of the indigenous peoples and legislation that allows and adequately regulates the activity, the company said in a statement.

Currently not involved in any mineral research or mining activities on Indigenous Lands in Brazil, the company had already dropped 89 mining processes – including research and mining applications – which affect Indigenous Lands in the country, with the National Mining Agency (ANM) between 2020 and 2021.

Brazil’s Vale abandons all mining operations on indigenous lands
Vale mining company has dropped all mining operations on indigenous lands in Brazil.
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In the coming days, the company will register waivers and renunciations for the group of 15 remaining mining processes that affect part of the Xikin do Cateté Indigenous Land, the company said, one of the world’s largest iron ore producers.

“Recognizing the FPIC is crucial to addressing the rights of indigenous populations to determine their own development and the right to exercise self-determination when faced with decisions that affect their territories,” it said in a press release.

Accordingly, Vale added that “the protection of individuals, their cultures and ways of life, as well as the protection of traditional indigenous lands and indigenous self-government, within the political model of sovereign states, represent the protection of human rights.”

The announcement comes while the Federal Supreme Court (STF) is discussing the potential introduction of a timeframe limitation for indigenous lands.

In general, the timeframe limitation argument would introduce a kind of cut-off line for demarcations, if passed. Lands would only be subject to demarcation (which then grants indigenous owners exclusive control over their lands) if it could be demonstrated that the indigenous peoples were living on them up to the enactment of the Constitution on October 5, 1988. Otherwise, there would be no such right.

In its latest development, the trial was suspended after a request for review by STF Justice Alexandre de Moraes.

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