Companhia Vale do Rio Doce (historical name)

Companhia Vale do Rio Doce, once Brazil’s largest mining company, was established in 1942 to develop the country’s iron ore resources. It grew into one of the world’s leading producers of iron ore and other minerals, significantly contributing to Brazil’s economy. The company was privatized in 1997, becoming Vale, and expanded into logistics, steel, and energy. Today, Vale is a major global player in mineral extraction and related industries, known for its extensive operations in South America, especially Brazil, with a focus on sustainable practices and responsible resource management.