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WIKI ANALYSIS
Companhia Vale do Rio Doce is one of the largest global companies of mining and metal industry. The company is present in 13 Brazilian states and in 32 countries, in the five continents, and it is a world leader in iron ore and pellets production and commercialization, besides owning the largest nickel reserves of the planet. Vale is also a very important global producer of copper, coal, bauxite, alumina, Aluminum Prices, potassium, kaolin, manganese and ferroligas concentrate.
Business Overview
Besides investing strongly in mineral exploitation and research in Brazil and in countries such as from South America, Africa, Asia and Oceania, among others, Vale is one of the largest job-creators of the country. In 2006, the Company created around four thousand direct jobs. In December 31st of last year, it counted on nearly 44 thousand employees of its own, as well as 12 thousand employees from CVRD Inco, Canadian nickel producer, purchased by the company last year. It is also plausible that, yet in an indirect way, each job created by Vale represents five new vacancies within the productive chain.
In order to afford its activities, the Company has fostered an integrated structure of logistics which turned it into the greatest logistic service provider of the country. While being the operator of more than 9 thousand kilometers of railways and 10 port heads of its own, Vale creates full solutions from the synergy between railroads, ports and seven sea heads of its own.
Vale is also the greatest investor in electric energy generation of the country. The energy generated supplements its operational areas’ necessities: the Company, along with its supervisors, colligations and joint ventures, is the major energy consumer of Brazil.
The Company participates in the share structure of six hydro-electric plants, which are already working: Igarapava, Porto Estrela, Candonga, Funil, Eliezer Batista, Amador Aguiar I and II. Together, the hydro-electric plants generate1, 422 megawatts of energy. The use of energy of its own contributes for the reduction of production costs.
History
In 2006, Vale consolidated its internationalization process. By 2008, the company was present in 32 countries including: Brazil, South Africa, Angola, Argentine, Australia, Chile, China, USA, France, Gabon, India, Japan, Mozambique, Mongolia, Norway, Peru, Switzerland, Canada, Guatemala, Colombia, Barbados, Guinea, Finland, Germany, Oman, Kazakhstan, Taiwan, Indonesia and South Korea.
Vale’s intervention is characterized by transparent management, respect of its shareholders’ rights, environment protection, the development of its working force and provision of communities’ life-quality improvement. By means of Fundação Vale do Rio Doce, it fulfills social programs applied to territorial sustainable development of the regions where it attends, always guided by the strong respect towards local values and customs.
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