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Vale S.A. Q2 2010 Earnings Call TranscriptSun, Aug 1, 2010
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COMPANHIA VALE ADS Q4 2009 Earnings Call TranscriptFri, Feb 12, 2010
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Companhia Vale do Rio Doce (Vale) Q1 2009 Earnings Call TranscriptFri, May 8, 2009
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Companhia Vale do Rio Doce Q3 2008 Earnings Call TranscriptFri, Oct 24, 2008
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Companhia Vale do Rio Doce Q3 2007 Earnings Call TranscriptFri, Oct 26, 2007
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at CNBC.com (Apr 9, 2013)
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at CNBC.com (Mar 20, 2013)
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at CNBC.com (Mar 5, 2013)
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at CNBC.com (Feb 27, 2013)
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at CNBC.com (Feb 7, 2013)
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at MarketWatch.com (Jan 22, 2013)
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at CNBC.com (Dec 20, 2012)
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at CNBC.com (Nov 30, 2012)
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at CNBC.com (Nov 20, 2012)
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at CNBC.com (Oct 24, 2012)
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at CNBC.com (Oct 18, 2012)
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at CNBC.com (Oct 3, 2012)
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at MarketWatch.com (Oct 1, 2012)
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at CNBC.com (Sep 19, 2012)
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at MarketWatch.com (Sep 18, 2012)
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at MarketWatch.com (Sep 17, 2012)
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at MarketWatch.com (Sep 11, 2012)
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at MarketWatch.com (Sep 10, 2012)
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at MarketWatch.com (Sep 7, 2012)
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at MarketWatch.com (Sep 7, 2012)
VALE vs. ETF Alternatives
Company Description
Vale S.A. are the second-largest metals and mining company in the world and the largest in the Americas, based on market capitalization. We are the world's largest producer of iron ore and iron ore pellets and the world's second-largest producer of nickel. We are one of the world's largest... More
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- | On the move
- Thursday, October 11, 2012, 3:06 PM Pessimism grows for Brazilian stocks with brokers joking of getting shown the door at buy-side houses when trying to hawk the shares. The concerns of shareholders at Petrobas (PBR) and VALE seem to take a back seat to those of the government, and investors wonder which sector - perhaps the banks - will be the next target of intervention. EWZ -5.5% YTD. 1 Comment [Global & FX]
- Wednesday, October 10, 2012, 9:02 AM Five suitors are interested in acquiring one or both of ThyssenKrupp's steel mills in Brazil and the U.S. following the first round of bidding for the assets, Die Welt reports. ArcelorMittal (MT) is interested in the steel finishing plant in Alabama, while other potential buyers include Brazil's Vale (VALE), South Korea's Posco (PKX) and Japan's JFE Steel. (previous) 1 Comment [Commodities]
- Monday, October 8, 2012, 1:55 PM Also giving a lift to iron ore prices (and the stocks of the companies that dig it up) is the Indian Supreme Court banning all mining activity in the state of Goa. The case stems from questions over whether the proper royalty has been paid on mined ore. VALE +2.2%. 1 Comment [Global & FX, Commodities]
- Thursday, October 4, 2012, 2:45 PM Vale's (VALE +1.4%) announced 20% cut in pellet production may hurt 2012 EBITDA by $300M, or ~1.5% of expected 2012 EBITDA, according to a Citi analyst. "The wider implication is that pellet premiums have collapsed and Vale is attempting to maintain what premium is left by holding back capacity," the firm says. Comment! [Commodities]
- Thursday, October 4, 2012, 10:31 AM Vale (VALE -0.5%) will temporarily reduce production of iron pellets used in steel-making blast furnaces as the world's largest producer and exporter of iron ore and blast furnace pellets adjusts output to meet demand. Vale says it will reduce output at its Sao Luis and Tubarao I and II plants which produced 4.9M metric tons of iron pellets in H1. 1 Comment [Commodities]
- Tuesday, October 2, 2012, 3:42 PM In addition to upgrading Pan American Silver (PAAS) and downgrading Goldcorp (GG), Deutsche Bank adjusts price targets on other metals stocks: ABX, CDE, CLF, FCX, KGC, VALE, AA, HL, NEM, SSRI, SCCO, TCK. The sector is "hitting an inflection point where routine operating cost and capital spending overruns are no longer being tolerated by boards or investors." 5 Comments [Commodities, Quick Ideas]
- Thursday, September 27, 2012, 3:48 PM Speaking of the cure for low prices, it's estimated 40% of China's iron ore mines have suspended operations as the mineral's low price has them losing money. Good enough, but the pain is apparently not yet great enough for VALE which says it will continue forging ahead to increase ore output. Earlier: Baosteel shutters a steel plant. 4 Comments [Commodities]
- Wednesday, September 26, 2012, 11:50 PM Baoshan Iron & Steel - China's largest steelmaker - suspends production at one of its plants, citing a "downturn in demand." "The bigger issue is ... all the mills are under pressure," says analyst Kuni Chen, warning of a vicious cycle of more production declines leading to continued slides in raw materials (iron ore) prices. 1 Comment [Global & FX, Commodities]
- Monday, September 24, 2012, 5:46 PM Israeli mining company BSG Resources, which has a joint iron-ore mining venture in Guinea with Brazil's Vale SA (VALE), intends to sue Brazilian banker Andre Esteves of BTG Pactual and former VALE CEO Roger Agnelli in an effort to halt negotiations underway for the two to become advisers to the government of Guinea over the future of the massive Simandou iron-ore deposit. BSG fears that a possible tie-up between the parties may have undue influence over all operations at Simandou, which is said to be the world's largest unexplored iron-ore reserve. 1 Comment [Global & FX, Commodities]
- Thursday, September 20, 2012, 12:26 PM Indonesia wants metal mining companies including local units of Freeport McMoRan (FCX -2.1%) and Vale (VALE -1.1%) to raise royalties to 10% as part of negotiations to extend mining contracts. FCX now pays 1% royalty for mining gold and 3.5% for copper; its Grasberg mine in the Papua province accounted for 19% of the parent's revenue last year. 1 Comment [Commodities, Global & FX, On the Move]
- Wednesday, September 12, 2012, 5:12 PM Vale (VALE) says it will delay projects in the "conceptual" phase of development because of the economic climate. The Brazilian iron ore producer has already said it is postponing its $3B Kronau potash project in Canada, and will announce its investment plan in December, which will reflect "the new economic scenario." Comment! [Commodities]
- Tuesday, September 11, 2012, 2:51 PM The long-awaited cutback in Chinese iron ore production may be starting as an unnamed official at Minmetals Luzhong says his company is digging up less and other miners have halted altogether. What the market may really need are the gorillas - VALE, RIO, BHP - to not just slow expansion plans, but to slash production. 5 Comments [Global & FX, Commodities]
- Thursday, September 6, 2012, 5:08 AM Peabody (BTU) scraps the $500M sale of a thermal-coal mine in Queensland after receiving no worthwhile bids, Reuters reports. The move adds to nearly $15B of deals shelved or postponed in Australia this year as commodity prices drop. Other deals set to be pulled include Vale's (VALE) $500M sale of a mine and BG's sale of a $2B stake in an LNG project. Comment! [Commodities, M&A, Top Stories]
- Tuesday, September 4, 2012, 2:16 PM Vale (VALE -3%) will set aside an additional 1.1B Brazilian reais (~$542M) to cover potential losses related to a tax and royalty dispute with the government, determining it likely will lose an attempt to deduct the cost of transportation from the value used to determine royalty payments on minerals. Vale had previously set aside 314M reais for the dispute. Comment! [Commodities, On the Move]
- Tuesday, September 4, 2012, 7:33 AM Australia's Fortescue joins rivals BHP and RIO in announcing slashed capital spending plans amidst sliding demand and pricing for iron ore. The move comes just days after the company's CEO said all was well in the business and the company expected to triple production within a year. Shares fell 4.2% in Sydney. 1 Comment [Global & FX]
- Friday, August 31, 2012, 12:34 PM Vale (VALE +2.5%) says it will sell 10 large ore carriers for $600M to Turkish company Polaris Shipping as part of its strategy to optimize its asset portfolios. The company says the sale preserves its capacity of maritime transportation of iron ore, since the vessels will be chartered back by Vale under long-term charter contracts, thus avoiding ownership and operational risks. 2 Comments [Commodities, On the Move]
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Mercy Jimenez
GS suddenly bullish in coal players http://bit.ly/LDYkS7 ;wouldn't have anything to do with GS purchase of coal mine from VALE ... - View all 3 replies
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dwillis: or maybe its b/c the truth is that coal is actually cleaner than nat gas? -
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Herr Hansa
VALE continues to gamble on Chinese approval for their Very Large Ore Carriers ships. http://bit.ly/JB89zq - View all 0 replies
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iadops40
"China Buyers Defer Raw Material Cargos (Financial Times)" Not good news for VALE and others http://bit.ly/Jhz48M - View all 21 replies
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Mercy Jimenez
Asset sellers growing VALE,IOC,ERF + KBass = return of capital becoming more important than return on capital http://read.bi/Jyjsge - View all 2 replies
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saratogahawk: While I hate the current ERF price I am a buyer at this level and will pick up any Canadian oils that have been sold off like ERF. -
Mercy Jimenez: Agree saratogahawk; lots of good values for many Canadian high yielders.
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Herr Hansa
VALE down on heavy volume after yesterday declaring force majeure on one of their nickel plants. Looking for 19.00 or break down to 17.00 - View all 0 replies
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