| Moody's puts Brazil miner Vale under review for downgrade | |
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SAO PAULO, Jan 22 (Reuters) - Moody's placed the credit ratings of Brazilian iron ore miner Vale SA under review for downgrade on Friday, one day after it put nine mining companies in Latin America on review for downgrade due to low metals prices. Moody's said slowing growth in the Chinese economy, which consumes half the world's base metals and is a player in precious metals, iron ore and coal markets is weakening demand and prices for the commodities. Prices for Chinese-landed iron ore , which makes up the bulk of Vale's revenue, are trading around their lowest levels in nearly a decade. See the full report from Moody's: (https://www.moodys.com/research/Moodys-places-Vales-ratings-on-review-for-downgrade--PR_342408) (Reporting by Reese Ewing; editing by Jason Neely)
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Vale
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EXPLORATEUR |
CODE : VALE3.SA |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Vale est une société de production minière basée au Bresil. Son principal projet en exploration est GALIURO en USA. Vale est cotée au Bresil et en France. Sa capitalisation boursière aujourd'hui est 332,3 milliards BRL (150,8 milliards US$, 141,7 milliards €). La valeur de son action a atteint son plus bas niveau récent le 19 février 2016 à 10,51 BRL, et son plus haut niveau récent le 27 août 2021 à 99,80 BRL. Vale possède 5 244 319 744 actions en circulation. |