Detail akcie VALE SA Depository Receipt online

Business Summary: Vale SA, formerly Companhia Vale do Rio Doce, is a Brazil-based metal and mining company which is primarily engaged in producing iron ore and nickel. The Company also produces iron ore pellets, copper, platinum group metals (PGMs), gold, silver and cobalt. Vale is engaged in greenfield mineral exploration in five countries and operates logistics systems in Brazil and other regions in the world, including railroads, maritime terminals and ports, which are integrated with mining operations. In addition, Vale has distribution centers to support the delivery of iron ore worldwide. Vale has numerous subsidiaries, including Vale Logistica Uruguay SA, Vale Holdings BV, Vale Overseas Ltd. The Company’s operations abroad cover approximately 30 countries.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Vale SA (ADR) revenues decreased 8% to R$208.07B. Net income before extraordinary items decreased 54% to R$39.94B. Revenues reflect China segment decrease of 7% to R$107.12B, Brazil segment decrease of 12% to R$18.75B. Net income also reflects Other Financial Expenses decrease from R$8.11B (income) to R$4.22B (expense).