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Vale (mining company)

Vale (mining company)
Company nameVale S.A.
Company typeSociedade Anônima
IndustryMining, Steel, Energy, Logistics
FoundedItabira, Minas Gerais, Brazil
(June 1, 1942)
HeadquartersRio de Janeiro
Area servedWorldwide
Key peopleMurilo Ferreira (CEO)
Fabio Barbosa (CFO)
ProductsBasic metal materials, logistics optimization, railway transport, port operations
Revenue(+) US$ 52.5 billion (2010)
Net income(+) US$ 18.9 billion (2010)
SubsidiaryVale Fertilizantes, Vale Limited

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Vale S.A. is an Brazilian diversified mining multinational corporation and one of the largest logistics operators in Brazil. In addition to being the second-largest mining company in the world, Vale is also the largest producer of iron ore, pellets, and second largest of nickel. Vale also produces manganese, ferroalloys, copper, bauxite, potash, kaolin, alumina and aluminium. In the electric energy sector, the company participates in consortia and currently operates nine hydroelectric plants.

Currently the company is listed on stock exchanges of São Paulo, New York, Paris, Hong Kong and Madrid.

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