Vale SA
Latest Vale SA News and Updates
Macroeconomic Analysis Iron Ore Companies’ Production Continues Unabated Growth
The weak demand from China is hurting iron ore prices. The supply side, on the other hand, remains quite strong.Earnings Report Why Freeport-McMoRan’s 3Q15 Revenues Fell Off a Cliff
In this part of the series, we’ll explore the trend in Freeport-McMoRan’s (FCX) revenues.Company & Industry Overviews Must Know: How Did Glencore Take Shape?
Glencore (GLNCY) is a relatively new entrant in the metals and mining industry. The company was founded in 1974.Earnings Report Cliffs Natural Resources: 3Q15 Market Expectations
Market expectations for Cliffs Natural Resources (CLF) are varied. Of the analysts covering Cliffs, one has a “buy” recommendation, eight have a “hold,” and seven have a “sell.”Earnings Report Cliffs Natural Resources Has Underperformed Iron Ore Peers So Far
The third quarter of 2015 hasn’t been good for iron ore equities. Most of them lost significant value during the quarter.Earnings Report Cliffs to Announce 3Q15 Results on October 29
Cliffs Natural Resources (CLF) will release its 3Q15 results before the US market opens on October 29, 2015. A conference call will occur at 10:00 AM ET on October 29.Macroeconomic Analysis What is Driving the Iron Ore Miners’ Stock Price Performance?
Iron ore prices fell 49% in 2014, which was reflected in the share price performance of major miners. In this series, we’ll discuss the position of various iron ore players on the cost curve relative to iron ore prices.Earnings Report Why Rio Tinto May Not Pull Back Its Iron Ore Volume Growth
Iron ore volumes are key to Rio Tinto’s (RIO) iron ore segment’s revenue. The other factor, seaborne iron ore prices, is determined by demand and supply dynamics.Earnings Report Will the Slide in Rio Tinto’s Underlying Earnings Continue?
Rio Tinto’s (RIO) underlying EBITDA (earnings before interest, taxes, depreciation, and amortization) was $7.3 billion for 1H15.Earnings Report After 1H15, Rio Tinto Looks Forward to Further Cost Cuts
Within four trading days of its 1H15 results, Rio Tinto’s stock price rose 3%. This is despite a 1.7% fall in benchmark seaborne iron ore prices.Macroeconomic Analysis Iron Ore Shipments Remain Strong for August
Iron ore shipments through Port Hedland reached an all-time high of 39.2 million tons in August as compared to 35.3 million tons in July.Macroeconomic Analysis Will China’s Monetary Easing Impact Iron Ore Miners Favorably?
Chinese credit easing measures should positively impact the steel industry. This will help iron ore companies like Rio Tinto and BHP Billiton.Macroeconomic Analysis Iron Ore Prices Are Holding Steady Thus Far
Since the end of July, benchmark iron ore prices have been holding steady near $55–$57 per ton. This is despite the continuing slide in other commodities amid China slowdown worries.Company & Industry Overviews A Comparative Analysis of the Aluminum Industry
Aluminum is the second most widely used metal after steel. Investors have a special liking for aluminum. There are several ways to play the industry.Company & Industry Overviews Is Freeport-McMoRan Worth a Look for Investors?
With the recent news of activist investor Carl Icahn taking an 8.5% stake in the company coupled with Freeport’s lower capital expenditure guidance, the stock has seen a smart up move.Earnings Report How Much Lower Can BHP’s Unit Iron Ore Costs Go?
Iron ore costs are key to determining BHP’s iron ore segment’s profitability, which ultimately impacts its stock price and relative performance.Earnings Report Why BHP Delivered Record Iron Ore Production in Fiscal 2015
BHP Billiton’s iron ore production for fiscal 2015 was a record 233 million tons, a growth of 14% year-over-year.Earnings Report Why BHP’s Operating Income Fell in Fiscal 2015
BHP Billiton’s (BHP) (BBL) underlying EBITDA was $21.9 billion for fiscal 2015. This is a fall of 28% year-over-year (or YOY). Operating income also fell 46% YoY in fiscal 2015.Earnings Report Is Everything Going According to Plan for BHP Billiton?
BHP Billiton (BHP) (BBL), the world’s largest miner by market capitalization, reported its fiscal 2015 results on August 25. The results were mostly in line with market expectations.Earnings Report What Led to Vale’s Increased Realized Iron Ore Prices in 2Q15?
Vale’s (VALE) average CFR (cost and freight) realized price for iron ore fines increased by $3.30 per ton, from $58.20 per metric ton in 1Q15 to $61.50 in 2Q15.Earnings Report Vale’s 2Q15 Profitability Gets Boost from Iron Ore Cost Control
Vale’s (VALE) iron ore production for 1H15 was a record 159.8 million tons, 9.3 million tons higher than 1H14. For 2Q15, production was the second highest on record at 85.3 million tons.Earnings Report Why Did Vale Report a Beat on Market Expectations in 2Q15?
In this article, we’ll look at Vale’s (VALE) 2Q15 results and why they’re a beat on market expectations. Vale reported adjusted EPS of $0.19, which was 55% above consensus.Earnings Report Vale Reports a Beat in 2Q15 Results, but Stock Falls
Vale S.A. (VALE) reported its 2Q15 results on July 30, 2015. Overall results were a beat on market expectations. However, Vale’s stock price fell 6.5% after Vale announced its results.Earnings Report Key Highlights of Cliffs Natural Resources’ 2Q15 Earnings
Cliffs Natural Resources reported revenues of $498 million for 2Q15, a decline of 33% year-over-year.Macroeconomic Analysis World Steel Production Falls for Five Straight Months
According to data released on June 22 by the WSA, world crude steel production totaled 139 million tons in May. This is a 2.1% decline year-over-year.Macroeconomic Analysis China’s Investment Data Down, Industrial Production Up in May
China’s industrial production grew by 6.1% year-over-year in May. Economists were expecting an increase of 6.0%. May’s growth is higher than the 5.9% year-over-year growth in April.Earnings Report Vale’s 1Q15 Earnings Take a Hit
Vale S.A. (VALE) reported revenues of $6.4 billion in 1Q15, a decline of $2.9 billion compared to 4Q14. Most of the decline is due to seasonally lower sales volumes and lower commodity prices.Earnings Report Cash-Starved Freeport Looks at IPO of Energy Business
On April 23, Freeport said it might look at selling a minority stake in its energy business and come out with an IPO of its oil and gas subsidiary later in the year.Macroeconomic Analysis Iron Ore Prices Fall Below $50 Per Ton
The iron ore price slide has been particularly pronounced in the last few weeks, as Chinese demand didn’t pick up as expected after the New Year holiday.Company & Industry Overviews What’s the Current Market Sentiment for Cliffs Natural Resources?
As for market sentiment, Cliffs (CLF) seems to be on the receiving end. Most of it is due to the worsening current and future outlook for iron ore prices.Company & Industry Overviews A Business Overview of Cliffs Natural Resources
Cliffs Natural Resources’ (CLF) key driver is global demand for the raw materials used to make steel.Company & Industry Overviews Cliffs Natural Resources stock prices in a changing environment
Cliffs’ (CLF) stock prices fell to a fresh 52-week low of $4.24 on March 19, mostly due to an iron ore supply glut coupled with slowing Chinese demand.Earnings Report BHP Billiton: A critical business overview
BHP Billiton (BHP) is a leading global diversified resources company and is one of the world’s largest major commodity producers.Company & Industry Overviews Freeport-McMoRan’s global mining portfolio
Freeport’s global mining portfolio shows that Freeport has major operations in North America, South America, Africa, and Indonesia.Company & Industry Overviews Why is Freeport’s key historical timeline important?
Freeport’s key historical timeline starts more than a century ago when Freeport Sulphur established the city of Freeport, Texas, near its sulphur mine.Earnings Report Why Vale’s Results Are a Miss on Expectations
Vale’s results were a miss on expectations with a reported adjusted EPS loss of $0.05 per share. This is below the consensus of $0.19 per share.Earnings Report Vale SA – World’s Largest Iron Ore Company
Vale is the world’s largest producer of iron ore and iron ore pellets. It’s the second largest nickel producer.Earnings Report Key Earnings Takeaways from Vale’s FY14 Results
Key earnings takeaways from Vale’s results show cost of goods sold amounted to $25.1 billion in 2014, an increase of $819 million from 2013.Macroeconomic Analysis China’s manufacturing PMI below 50 for second consecutive month
China’s manufacturing PMI has been below 50 for two consecutive months. This reflects a slowdown in the Chinese economy and impacts industrial commodities.Macroeconomic Analysis Key iron ore indicators to consider
It’s important to look at iron ore indicators collectively because they give clues about the direction of iron ore prices.Company & Industry Overviews Operations overview for BHP Billiton
Headquartered in Melbourne, Australia, BHP Billiton operates 100 locations in 25 countries. A merger between BHP and Billiton created the company in June 2001.Macroeconomic Analysis VALE, RIO, and BHP can swing the global iron ore prices
With over 65% exports going to China, China is the real swinger in global iron ore prices. A slowdown in China caused panic among all major commodity exporters.Materials Must-know: The financial gains in iron ore companies
With the emergence of China’s demand, prices moved to quarterly contracts from annual private negotiations in 2010.Materials Must-know: The basics of the cost curve for miners
The cost curve also sets the floor for the price because if price falls below the cost of production of some players, those players will be out of the market.Materials Must-know: Why capital intensity makes a difference
Capital intensity is a measure used to determine the efficiency of production.Materials Why the quality spread on iron ore products is widening
Chinese environmental protection and pollution control measures will necessitate the use of higher content.Materials Overview: Mineral extraction from mining to metal
Surface mining is done when the deposits of commercially useful minerals are found near the surface.Materials Must-know: The basics of iron ore
Prior to the industrial revolution, most of the iron ore was mined directly from hematite deposits.