Vale's New CEO Aims to Make Brazilian Miner the World's Biggest
The new head of Vale SA has laid out one of the Brazilian company's most ambitious goals — becoming the world's biggest metals producer by market capitalization.
'It has to be the biggest mining company in the world because we are sitting on the biggest mining endowment in the world,' Chief Executive Officer Gustavo Pimenta said Friday at a business event in Sao Paulo. 'We need to unlock the value of this company.'
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2 hours ago
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