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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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  • liljohnnyjokeX
Comment by liljohnnyjokeon Feb 01, 2025 7:59am
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Post# 36431511

RE:Is It the Time to get in?

RE:Is It the Time to get in?I added a bunch of shares at $8.76, still think this could be a 50-100% gainer in 2025 after a horrible 2024.
And if tariffs against Canada and Mexico stop the flow of metals from those countries into the US they may turn to Brazil (Vale) to fulfill those needs since US doesnt seem to have a beef with them, yet anyway.
Petrobras (PBR) the big Brazilian oil company may also benefit if the US chooses them to replace Canadian oil when that stops flowing. Don't own it now, have in the past, watching.
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