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Vale acquires 30% stake in Ligga for $190 million

PRIVATESep 25, 2026

Acquiring Company

Vale S.A

Acquired Company

Ligga S.A

Rio de JaneiroParauapebasManufacturingEnergyMiningPrecious MetalsMineralMiningMineralMining Technology

Description

Vale S.A. has announced the acquisition of a 30% stake in Ligga S.A. for US$190 million. Ligga operates the Ferro Sul Mine in Pará, which currently produces around 2 million tons of iron ore annually. This transaction also includes a long-term contract for Vale to purchase all sinter feed iron ore produced by Ligga. The acquisition supports Vale's plans for expansion in the region.

Company Information

Company

Vale S.A

Location

Rio de Janeiro, Rio de Janeiro, Brazil

About

Vale S.A. is a Brazilian multinational corporation engaged in metals and mining. It is one of the world's largest producers of iron ore and nickel. Vale operates in a number of countries and is known for its commitment to sustainability and innovation in the mining sector.

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Frequently asked

Who acquired Ligga S.A?

Ligga S.A was acquired by Vale S.A, based in Rio de Janeiro. The deal was reported on September 25, 2026. Vale S.A. is a Brazilian multinational corporation engaged in metals and mining. It is one of the world's largest producers of iron ore and nickel. Vale S.A is privately held and operates in Manufacturing.

When did Vale S.A acquire Ligga S.A?

Vale S.A's acquisition of Ligga S.A was reported on September 25, 2026. Vale S.A. has announced the acquisition of a 30% stake in Ligga S.A. for US$190 million. Ligga operates the Ferro Sul Mine in Pará, which currently produces around 2 million tons of iron ore annually. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Ligga S.A do?

Ligga S.A. operates the Ferro Sul Mine located in the Carajás region of Pará, Brazil. The company has a production capacity of approximately 2 million tons of iron ore per year. It is privately held, operating in Mining, and is based in Parauapebas.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.