Brazilian Mining Vale SA (NYSE:VALE) has signed a Memorandum of Understanding (MOU) with Beijing Iron Ore Trading Corporation (COREX), showing its interest to launch iron ore spot trading on WeChat. The first joint action will be launching a Yuan-priced platform in early next year to facilitate transactions. Vale launch e-trading of iron ore on WeChat […]
Vale SA (NYSE:VALE)
Dividend minimized for Vale SA (NYSE:VALE)
Vale SA (NYSE:VALE) is a company based out of Brazil and it deals in metals and mining. The services that the company offers are divided into 4 different segments. The Bulk Material segment which includes the extraction of iron-ore, ferroalloys and manganese; pellet production is also a part of this segment. Next up is the Basic […]