Vale S.A. VALE
Annual report 2023
added 12-14-2024
Country |
Brasil |
IPO year |
- |
Industry |
Industrial metals |
Stock Exchange |
NYSE |
CEO |
Murilo Pinto de Oliveira Ferreira |
Employees in the company |
- |
Shares |
- |
Market Cap[1] |
$ 61.7 M |
EBITDA (LTM) |
$ 13.6 B |
P/E (LTM) |
- |
P/S (LTM) |
2.3 |
EPS (LTM) |
- |
Vale S.A. is a Brazilian company specializing in the extraction and production of iron ore, nickel, coal, copper, aluminum, manganese, phosphate, and other mineral materials. It is one of the world's largest producers and exporters of iron ore.
The company was founded in 1942 and began its operations with iron ore mining in the state of Minas Gerais. Over time, Vale S.A. expanded its operations to other countries, including Canada, Australia, Mozambique, and others. Today, it has operations and mining activities in over 30 countries worldwide.
One of the key advantages of the company is its vertical integration. Vale S.A. controls all stages of production - from ore extraction to the production of the final product. This allows the company to effectively manage the process and ensure high-quality products.
The company also actively invests in research and development, aiming to improve its technologies and processes. It adheres to strict environmental sustainability and social responsibility standards, seeking to minimize the impact of its activities on the environment and support the development of local communities.
Vale S.A. also actively participates in various programmatic and charitable projects aimed at social development and improving the quality of life in the regions where it operates.
Thanks to its reliability, innovation, and high-quality products, Vale S.A. holds leading positions in the global mineral materials market. The company continues to grow and expand its presence, aiming to meet the growing demand for mineral materials and contribute to the development of the global economy.
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References
- Pavone, P. (2019). Market capitalization and financial variables: Evidence from Italian listed companies. International Journal of Academic Research Business and Social Sciences, 9(3), 1356-1371.