Cvrd

About CVRD CVRD, a Brazilian company headquartered in the city of Rio de Janeiro, Brazil, is the largest metals and mining company in the Americas and one of the largest in the global metals and mining industry, with a market capitalization of approximately US$50 billion. It is the largest global producer and exporter of iron ore and pellets, the w... orld's second largest producer of manganese and ferroalloys, one of the world's lowest cost producers of aluminum products (bauxite, alumina and primary aluminum) and a producer of copper, potash and kaolin. CVRD is the largest logistics player in Brazil, owning and operating several railroads and ports. CVRD shares are traded on the New York Stock Exchange, (NYSE: RIO RIOPR), on the (Bovespa: Vale3 Vale5) and on (Latibex: XVALP XVALO). The Offer is aligned with CVRD's strategic decision to become a large global player in the nonferrous metals business to create shareholder value. It is already a copper producer and is starting the development of its first nickel project, Vermelho, located in the southern range of Carajas. Given the location of Onca Puma, near CVRD mining operations and its efficient infrastructure, where its EF Carajas railroad is a very important asset, there are significant synergies to be explored with this potential acquisition.Read More