Vale CFO Sees More Normalized China Iron Ore Demand

The transcript discusses Valley's optimism about strong demand and infrastructure investment, particularly in China. It highlights the company's strategy to expand its investor base beyond Brazil, focusing on London investors. Challenges in Brazil, such as political corruption and recession, are addressed, noting that Valley's revenue is largely from abroad, which can be beneficial when the Brazilian currency depreciates.

What is Valley's perspective on the demand in the market?

• They believe demand is weak.

• They are optimistic about strong demand.

• They are unsure about the demand.

• They think demand is unpredictable.

What initiative is mentioned as gaining momentum in the context of infrastructure investment?

• The Global Trade Initiative

• The Infrastructure Expansion Plan

• One Belt, One Road

• The New Silk Road

What is Valley's strategy to attract more investors?

• Targeting London and metals investors

• Investing in technology

• Focusing solely on Brazilian investors

• Reducing international exposure

What challenge does Valley face in attracting investors?

• Limited resources for marketing

• Lack of interest in mining

• Predominance of emerging market investors

• High competition in Brazil

How does Valley benefit when the Brazilian economy struggles?

• Increased local sales

• Higher domestic investments

• Currency depreciation lowers costs

• More government support