Mining Magazine October 2019 | Page 91

91

03 Vale S . A .

Market cap : $ 68.92bn

Vale placed 19th on Boston Consulting Group ’ s ( BCG ) annual list of the
world ’ s 50 most innovative companies ; its stated mission is to transform natural resources into prosperity and sustainable development . The world ’ s largest iron ore and nickel producer is well placed to service the need for tech metals supporting the development of electric vehicles and battery storage . The company also mines manganese and ferro alloys , coal and copper . Meanwhile , following the disaster at Brumadinho , Vale remains resolute in its efforts to enhance the safety of existing tailings dams and continue the decommissioning of upstream dams .
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