Vale SA
Company Profile
Business description
Vale is a large global miner and the world’s largest producer of iron ore and pellets. In recent years the company has sold noncore assets such as its fertilizer, coal, and steel operations to concentrate on iron ore, nickel, and copper. Earnings are dominated by the bulk materials division, primarily iron ore and iron ore pellets. The base metals division is much smaller, consisting of nickel mines and smelters along with copper mines producing copper in concentrate. In 2024, Vale sold a minority 10% stake in energy transition metals, its base metals business, likely the first step in separating base metals and iron ore.
Contact
Praia de Botafogo, 186
offices 1101, 1701 and 1801
Botafogo
Rio de JaneiroRJ22250-145
BRAT: +55 2134853900
Sector
Basic Materials
Stock type
Cyclical
Industry
Other Industrial Metals & Mining
Fiscal Year End
31 December 2024
Employees
66,807
Morningstar Investment Ideas
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