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Next Bull Run: 3 Stocks Set to Soar in the Coming Rally
VALEVale(VALE) Investor Place·2024-06-15 10:27

Vale (NYSE:VALE) leads mining operations, mostly for iron ore and copper. With a 15% rise in sales yearover-year (YoY) in Q1 2024, Vale produced the most iron ore for Q1 since 2019. This increase indicates improved operational dependability and efficiency, especially at the S11D complex, which amounts to an additional 8.2 million tons of iron ore sold. The expansion plans for Vale are expected to increase capacity by 50 million tons by 2026. Moreover, a critical milestone is the Vargem Grande project, which ...