Vale SA a company created in 1942 by the Brazilian government and privatised in 1997 is the largest Brazilian mining company and the world s largest producer of iron ore Foreign investment Brazil is a democracy with solid civil institutions and has long been considered a safe harbour for foreign investment in the mineral sector
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Get PriceMining in Brazil is centered on the extraction of iron the second largest global iron ore exporter copper Vale is the main company active in the production of iron ore in the state The state is the largest employer in the mineral activity 53 791 workers in 2024 São Paulo the second largest employer had 19 thousand employees
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