Companhia Vale do Rio Doce (Vale) is a metals and mining company. The Company is also a producer of iron ore and iron ore pellets. It also produces bauxite, alumina, aluminum, copper, coal, cobalt, precious metals, potash and other products. Vale operates logistics systems in Brazil, including railroads, maritime terminals and a port, which are integrated with its mining operations.
Eoin Treacy of Fullermoney says that as commodities prices weaken, you need to look carefully before investing.
Q. Eoin, I've read that China's annual consumption of copper has declined from a 28.66% growth rate to 2.4%. What does that mean for continued growth in China and also for the global copper market?
A. China and indeed much of Asia and the Middle East are in a generational-long period where they have to build infrastructure from the ground...
Brazilian mining giant Vale (RIO)raised about 19.43 billion reais ($12.17 billion) in a global share offering on Wednesday, building up a war chest to help finance expansion plans and potential acquisitions.
The company, the world's largest producer and exporter of iron ore, said it priced 189,063,218 preferred shares at 39.90 reais each and 256,92
Companhia Vale do Rio Doce will seek to raise about $15 billion in the biggest sale ever by a Brazilian company. The share offering from the world’s largest iron-ore producer is set to be priced on Wednesday.
Bloomberg News reported that Vale will price the 256.9 million common shares and 164.4 million preferred shares on July 16, and the stock will start trading in Brazil and abroad two days later.
Vale said in June it wanted to raise the cash to fund expansions and acquisitions which helped to fuel speculation that the company was preparing a new acquisition drive after it
Recap of Jim Cramer’s comments on Stop Trading! Friday June 20.
Bank of America (BAC), Citigroup (C), Ambac (ABK): The Dow is "hideous," says Cramer and the financials are to blame. Mutual funds who thought they were bottom fishing are now panic-selling, sending the financials down.
Gushan Environmental Energy (GU): Cramer says the Chinese need alternative energy more than we do, and recommends GU which may have some new innovations.
Rio Tinto (RTP), Vale (RIO): CEO Tom Albanese told Cramer China’s appetite for commodities will fuel his business, and sees Toyota’s potential development of
When it comes to the worldwide metals market, gold may get all of the attention but other, more durable, metals such as steel and iron have proved to be much more profitable. For instance, the price of gold is actually down 2% from mid-January, but steel prices are 50% higher.
Vale (RIO), the Brazilian mining giant, is back in the market raising a new round of capital via shares. After stepping away from a huge acquisition earlier this year [Mar 26: CVRD Pulls Out of Xstrata Deal] is Vale sniffing around at new prospects? Freeport-McMoran Copper (FCX), a former fund holding, would be an interesting fit to round out the portfolio with its heavy copper exposure, and Anglo American is a quite diversified co with strengths in areas Vale does not dominate (although that would just be an enormous purchase). I'd not be so hot on the Alcoa purchase if that is the targ...
Companhia Vale do Rio Doce is currently trading at $41.01. The June $41 Calls (RIOFO) are trading at $1.98. That provides a return of about 5% if RIO is above $41 on expiration Friday in June.
"I believe the #1 rule for making money in the next decade is to get long whatever the Chinese are buying," says Tony Sagami in the Asia Stock Alert.
"China will need to consume an unprecedented amount of natural resources to fuel its red-hot economy," says the advisor who offers his speculations as to the most likely takeover candidates in three areas -- energy, metals and food.
"There's no doubt in my mind that China is on a buying spree. And I'm not just talking about oil, either. Fact is, the Chinese have a ravenous appetite for virtually all commodities.
Companhia Vale do Rio Doce (Vale) is a diversified metals and mining company. The Company is a producer and exporter of iron ore and pellets and a producer of nickel. It also produces copper, manganese, ferroalloys, bauxite, precious metals, cobalt, kaolin, potash and other products. Directly and through affiliates and joint ventures, the Company has investments in the aluminum, coal, energy and steel businesses. Vale operates, among others, eight hydroelectric power plants in Brazil and two in Indonesia.
In my eyes one of the strongest choices for a long term investment in the market.
TheStreet.com's Jim Cramer says that rebuilding from natural disasters can alter the growth picture for a country.
Is it Katrina all over again? Or is it bigger? Much bigger? That's what I am thinking about this Chinese earthquake.
Katrina distorted the U.S.'s growth pattern for more than a full year. The raw materials, the effort, the work, the reconstruction affected businesses from small-scale ret...
"The co-editors of Vital Resource Investor caution that "no market moves in a straight line, and in commodities, the action is often extremely violent." However, for long-term investors, they offer some favorites in iron ore, aluminum and copper.
"All commodity bull markets are ultimately gored by demand destruction, alternatives and new supply.
Two words come to mind with Brazil's iron company, Vale: pricing power.
Like MOS, Vale enjoys significant pricing power for its iron. A notable instance is the latest negotation by Vale to increase the price they charge China for iron ore by 65%. And they're increasing output and export to China this year. If they can increase their Big Mac from $1 to $1.65 and China wants to buy more of 'em, I like the game Vale is playing.
Iron, aluminum, and steel is the next growth play along with corn and soybeans to serve the growing economies of India and China. As long as China contin
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About Companhia Vale Do Rio Doce
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"I believe the #1 rule for making money in the next decade is to get long whatever the Chinese are buying," says 
