Vale board faces a July 22 showdown as biggest shareholder Previ moves to oust the chairman it once installed, testing who really steers the iron-ore giant.

Vale board faces a July 22 showdown as biggest shareholder Previ moves to oust the chairman it once installed, testing who really steers the iron-ore giant.

Conselheiros da Vale são contra destituição do chairman

Assembleia que definirá troca na presidência do conselho está marcada para 22 de julho

Brazil pension fund Previ will no longer pick Vale's chairman, backing an independent instead to shed the image of a state fund steering the iron-ore miner.