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Vale ADR Representing One Ord Shs VALE

Vale SA, formerly Companhia Vale do Rio Doce, is a Brazil-based metal and mining company which is primarily engaged in producing iron ore and nickel. The Company 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.


NYSE:VALE - Post by User

Post by grape562000on Oct 07, 2018 8:48am
165 Views
Post# 28759098

$5B settlement with Brazil over tailings spill...

$5B settlement with Brazil over tailings spill......and $40B suspended for 2 years.

Even though this will be split between BHP and Vale, these are staggering amounts.
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