Vale announces Thompson deal. Vale stock trades at EUR 11.08
Published on 10/24/2026 at 10:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSOwnership change and schedule
- Vale Base Metals retained an 18.9 percent interest after the October 16, 2026 transaction.
- Vale stock was at EUR 11.08 in weekend trading at 10:48 a.m. CEST on October 24, 2026.
- The next Xetra session is scheduled for October 26, 2026.
On October 16, 2026, Vale Base Metals announced the completion of its transaction establishing Exiro Nickel as the new owner and operator of the Thompson Mine Complex in Manitoba, according to PR Newswire. Vale Base Metals retained an 18.9 percent minority interest through Vale Canada Limited.
Lang & Schwarz showed Vale stock at EUR 11.08 at 10:48 a.m. CEST on October 24, 2026, in weekend trading. The quote had a bid of EUR 10.85 and an ask of EUR 11.30.
Market context: Market report S&P 500.
The week in figures
Vale's weekend indication stood at EUR 11.08 at 10:48 a.m. CEST on October 24, 2026. The company announcement during the period concerned the Thompson Mine Complex transaction dated October 16, 2026.
Chronology of the week
On October 16, 2026, Vale Base Metals said Exiro Nickel had become the owner and operator of the Thompson Mine Complex. Exiro Minerals, Orion Resource Partners and Canada Growth Fund collectively hold 81.1 percent of Exiro Nickel, while Vale Base Metals retains 18.9 percent.
Dates of the coming week
The next Xetra session is scheduled for October 26, 2026. The Thompson transaction also includes a commitment to invest up to US$200 million in the operation and a multi-year offtake agreement for nickel concentrate, according to PR Newswire.
The further course of weekend trading at Lang & Schwarz until 1:00 p.m. CEST is shown by the continuously updated real-time quote of Vale stock.
