# Vale to acquire 30% stake in Ligga's Brazilian iron ore mine

Vale agreed to acquire a 30% minority stake in Ligga S.A., which operates the Ferro Sul iron ore mine in northern Brazil, for around USD 190 million on September 24, 2026. The transaction includes an exclusive long-term offtake agreement.

- Type: Acquisition
- Announced: 2026-09-24
- Where: northern Brazil, Brazil
- Value: $190.0M
- Status: announced
- Products: iron ore
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Vale](https://endata.com/companies/14293.md) (acquirer)
- [Ligga](https://endata.com/companies/15221.md) (target)

## Sources

- [mesteel.com](https://mesteel.com/news?category=mergers-acquisitions), 2026-11-02: "Vale has agreed to acquire a 30pct minority stake in Ligga S.A., which operates the Ferro Sul iron ore mine in northern Brazil, for around USD 190 mln."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.