The Financial Collapse of 2001 Unwinding Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Elroy Jetson who wrote (538)	12/11/2017 6:21:25 AM
From: elmatador	of 13801

OPEC of the Amazon? Vale Investors are impressed with the Brazilian mining giant’s strategy to become a boringly predictable company. The world’s biggest iron-ore and nickel producer intends to behave like an OPEC-style swing producer, moving production up and down to balance the market. With the heady days of the China-fuelled commodities supercycle behind it, its aim now is to bolster margins, not market share. During investor presentations last week, Fabio Schvartsman, its new boss, promised to restrain iron-ore production to push up prices (and flood the market if they get too high). In nickel, he is mothballing loss-making plants and may even close Vale’s big mine in New Caledonia, if it cannot secure an investment partner. Strong demand for the company’s high-quality iron ore means cash is pouring in. Vale will seek to halve its debt to $10bn and return more cash to shareholders. Doling out juicier dividends would please investors even more. Share this article

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next