VALE S.A. American Depositary Shares Each Representing one common share (VALE)
8.9450
-0.7850 (-8.07%)
NYSE · Last Trade: Apr 4th, 1:34 PM EDT
Detailed Quote
Previous Close
9.730
Open
9.290
Bid
8.940
Ask
8.950
Day's Range
8.870 - 9.300
52 Week Range
8.380 - 13.14
Volume
41,667,410
Market Cap
-
PE Ratio (TTM)
-
EPS (TTM)
-
Dividend & Yield
0.7400 (8.27%)
1 Month Average Volume
30,488,988
Chart
About VALE S.A. American Depositary Shares Each Representing one common share (VALE)
Vale is a global leader in metals and mining, primarily known for its production of iron ore and nickel, which are essential for steel production and various industrial applications. The company operates in a variety of geographical regions and is committed to sustainability, focusing on responsible mining practices and minimizing environmental impact. In addition to its core operations in iron ore and nickel, Vale is involved in producing copper, coal, and other minerals, and it is also engaged in logistics, providing infrastructure support to enhance the entire supply chain from mining to delivery. With a strong emphasis on innovation and technology, Vale strives to meet the growing demand for minerals essential to energy transition and technological advancements. Read More
PALM BEACH, Fla., March 19, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - According to a report from Grand View Research, the global nickel mining market size was estimated at USD 50.40 billion in 2022 and is estimated to grow at a compound annual growth rate (CAGR) of 6.6% from 2023 to 2030. Growth in end-use industries such as construction, consumer durables, and machinery & equipment are propelling the growth of the stainless steel industry. Nickel is one of the key raw materials of stainless steel. Hence, development in the stainless steel industry is contributing to the growth of the market. According to the Nickel Institute, over two-thirds of the world's nickel is utilized in the production of stainless steel. It acts as an alloying agent, enhancing essential properties such as formability, ductility, and weldability while also increasing corrosion resistance for specific applications. The report said: “The nickel mining industry is highly competitive and to gain an edge, major players are acquiring their competitors. The batteries segment is anticipated to register the fastest CAGR of 7.2% in terms of revenue, over the forecast period (2030). Nickel batteries offer a cost-effective solution for achieving higher energy density and storage capabilities.” Active Companies in the markets today include: First Atlantic Nickel Corp. (OTCQB: FANCF) (TSX-V: FAN), Vale S.A. (NYSE: VALE), Chevron Corporation (NYSE: CVX), Glencore plc (OTCPK: GLNCY) (OTCPK: GLCNF), Quebec Innovative Materials Corp. (OTCQB: QIMCF) (CSE: QIMC).
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