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Stock impact report

Bad weather hits Rio Tinto's qtrly iron ore exports ahead of results bonanza [Financial Post (Toronto, Ontario, Canada)]

VALE S.A. American Depositary Shares Each Representing one common share (VALE) 
Last vale s.a. american depositary shares each representing one common share earnings: 4/29 04:02 pm Check Earnings Report
US:NYSE Investor Relations: vale.com/en/investors/pages/default.aspx
Company Research Source: Financial Post
operations, but is expected to report bumper results this month on soaring prices for the steel raw material. Rio said it now expects to ship near the lower end of its range of 325 million tonnes (mt) and 340 mt in calendar 2021, meaning it may hand back its crown as the world's biggest producer to Brazilian rival Vale S.A.. 16 best online deals in the Canadian retail space right now Advertisement Vale, which reports output later this month, is on track to meet the upper end of its 2021 guidance of 315-335 mt, according to UBS. Advertisement Article content Rio shipped 76.3 million tonnes (mt) of the steel-making commodity for the three months ended June 30, down from 86.7 mt a year ago, just ahead of a UBS estimate of 76 mt. “We would have liked to have seen higher production to capitalize on these iron ore prices. Still, they are going to be swimming in cash at results time,” said analyst David Lennox at Fat Prophets in Sydney. “Hopefully we will get a good dividen Show less Read more
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