10 Best Diversified Bank Stocks To Invest In 2015: VALE S.A.(VALE)
Vale S.A. engages in the exploration, production, and sale of basic metals in Brazil. The company also involves in fertilizers, logistics, and steel businesses. The Bulk Material segment consist of iron ore mining and pellet production, as well as its Brazilian Northern and Southern transportation systems, including railroads, ports, and terminals. This segment also includes manganese mining and ferroalloys. The Base Metals segment produces nonferrous minerals, including nickel, copper, and aluminum consisting of aluminum trading activities, alumina refining, aluminum metal smelting, and bauxite mining. The Fertilizers segment provides potash, phosphates, and nitrogen. The Logistic Services segment consists of transportation systems, including ships, ports, and railroads for third party cargos. This segment includes 10,179 kilometers of railroad infrastructure, 8 seaport terminals, 5 general cargo ports, and 2 iron ore export terminals. In addition, it generates energy thr ough hydroelectric power plants. The company was founded in 1942 and is based in Rio de Janeiro, Brazil.
Advisors' Opinion:- [By Dan Caplinger]
Finally, Dan shares how a recent streaming agreement for gold with Brazilian mining giant Vale (NYSE: VALE ) provides diversification for the future.
- [By Rich Duprey]
Hitting the brakes on the Orient Express
Of course, the miners aren't helping themselves, as each is bringing new mines online in Australia, along with top iron ore miner Vale (NYSE: VALE ) opening one up in Brazil. Even though China's steel mills still have a voracious appetite when it comes to the ore, analysts expect that industry output will grow by only 2.6% this year, so it won't be enough to offset rising surpluses. Even China's own development and economic planning agency says the country will experience a surplus of 20 million tons, as it will import only! about 4% more than it did last year. - [By Ben Levisohn]
Shares of Cliffs Natural Resources have dropped 1% to $22.92 today at 3:14 p.m., even as base-metal giants BHP Billiton (BHP) and Rio Tinto (RIO) gain. BHP Billiton is up 2.8% to $70.20 after beating earnings forecasts, while Rio Tinto has advanced 1.7%. Vale (VALE) has dropped 1.2% to $14.48.
- [By Jon C. Ogg]
Vale S.A. (NYSE: VALE) is one of the top diversified miners, targeting base metals, precious metals, and other metals and minerals out of the earth. It is global and has suffered along with other miners, so its woes might not just be from being in Brazil. This is one of the most active ADRs from Brazil which trades in New York, as average volume is close to 16 million shares per day. At $13.78, its 52-week range is $12.39 to $20.70.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/10-best-diversified-bank-stocks-to-invest-in-2015-2.html
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