Rumors that Brazilian federal government aims to replace Roger Agnelli, Vale’s CEO, have been surrounding the market for a long time. Yesterday, minister Guido Mantega, representing the Federal government as one large shareholder, officially requested Bradesco, another large shareholder, the substitution of Roger Agnelli as Vale CEO, according to Estado broadcast agency. Supposedly, the governmentContinue reading “How would you like Dilma, Mategna and PT to run Vale?”
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Lula in Guinea Conakry to support Vale
Lula was in Conakry, capital of Guinea last Tuesday (22/02/2011). The charismatic and prestigious ex- Brazilian president came for a ceremony about the beginning of the works of Vale in Guinea. Vale, the largest Brazilian company and the largest exporter of iron ore in the world, is launching a project of 5 Billion Dollars inContinue reading “Lula in Guinea Conakry to support Vale”