Vale is executing the last part of its ‘bold buyback program’. To fund this program, cash levels dropped from US$13.5Bn in 2020 to a current level of US$4.8Bn. Secondly, net debt quadrupled in 2022 ...
Vale has raced to 52-week highs on the back of recent positive developments in the end-market and it is likely that the stock will break the barrier. Vale will benefit from a 20% annual increase in ...
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