US91912E1055 - ADR
12.99 -0.11 (-0.84%)
After market: 13 +0.01 (+0.08%)
VALE SA-SP ADR
NYSE:VALE (9/27/2023, 7:04:00 PM)After market: 13 +0.01 (+0.08%)
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Vale SA engages in the production and exportation of iron ore, pellets, manganese, and iron alloys. The company is headquartered in Rio De Janeiro, Rio De Janeiro and currently employs 64,516 full-time employees. The firm also produces iron ore pellets, copper, platinum group metals (PGMs), gold, silver and cobalt. Vale is engaged in greenfield mineral exploration in five countries and operates logistics systems in Brazil and other regions in the world, including railroads, maritime terminals and ports, which are integrated with mining operations. In addition, Vale has distribution centers to support the delivery of iron ore worldwide. Vale has numerous subsidiaries, including Vale Logistica Uruguay SA, Vale Holdings BV, Vale Overseas Ltd. The Company’s operations abroad cover approximately 30 countries.
VALE SA-SP ADR
Pr Botafogo 00186 Sal 1101 Sal 1601 Sal 1701 Sal 1801, Botafogo
Rio de Janeiro RIO DE JANEIRO 22250-145
CEO: Eduardo de Salles Bartolomeo
Vale and Brazil's top commercial port join forces to explore the construction of a low carbon iron ore facility in Rio de Janeiro, aimed at boosting Brazil's steelmaking potential.
Iron ore futures decline on demand concerns and potential steel production cuts in China, with sentiment also weighed by the country's ongoing property crisis.
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Iron ore prices climbed to a six-month high, with the Singapore benchmark posting its beest weekly gain since June, helped by improving sentiment and China's move to bolster stimulus efforts
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