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Vale ADR Representing One Ord Shs VALE

Consumer Cyclical Steel Steel
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

Vale ADR Representing One Ord Shs
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Post by BSdetector2016on Oct 05, 2021 2:45pm
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Post# 33968120

Massive turn-around soon

Massive turn-around soonThis stock has been beaten-up, some of it for good reason: 
  • Iron ore exposure / China slow down.
  • Totten shaft incident.
  • Onca Puma Nickel operations halted as license to mine suspended.
  • It has already death-crossed.
Seasonality should kick-in soon, partly assisted by copper.
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