- Published: Monday, 07 March 2011 21:25
- Written by E&MJ News
Vale recently reported stellar performance for the fourth quarter and 2010 overall. The company posted all-time high figures for operating revenues, operating income, operating margin, cash generation and net earnings. At the same time, the Brazilian iron ore producer allocated the greatest amount of resources in the global mining industry to fund the creation of new platforms for future growth to sustain high performance, explained Roger Agnelli, CEO, Vale.
“We are living through our best days,” Agnelli said. “However, given the size and quality of our pipeline of growth projects amid a scenario of sustained global demand growth for our products, I strongly believe even better days are ahead of us.”