Vale eyes the next global wave; CFO explains strategy
Copper, artificial intelligence, China, iron ore, and capital allocation: Marcelo Bacci, executive vice president of Vale, reveals the company's plans for the coming years in Stock Pickers. The mining company aims to double its copper production by 2034 and is betting on organic growth to capture the demand from new global infrastructure. The executive also comments on the importance of looking beyond China, which currently represents about 60% of Vale's market. Bacci highlights that the United States could gain relevance with the advancement of infrastructure investments, while India and S…