Companhia Vale Ads (NYSE:VALE)
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A leading producer and exporter of iron ore and pellets, Vale has mining operations in 21 countries.
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A leading producer and exporter of iron ore and pellets, Vale has mining operations in 21 countries.
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Iron ore stocks like Vale should improve as the economies of the US and China improve. It has a low p/e ands a decent balance sheet. Additionally it will pay a decent dividend as we wait for the economic fundamentals to improve.