The company manufactures and sells mineral of iron (largest producer and world exporter), nickel (one of the largest producers) and pellas of iron, copper, coal, alumina, potassium, manganese, bauxite, aluminum, coal, cobalt, Palladium, methanol, uranium, precious minerals like Platinum, silver, gold, diamond, besides steel, non – ferrous, among other minerals. Iron, aluminum, copper and manganese are the four most commonly used minerals worldwide. And the four are produced by Vale. Its production is used for the manufacture of products that we use daily such as vehicles, refrigerators, aircraft, telephone networks, electricity transmission lines, needles, stainless steel, turbines for electricity generation, industrial valves, systems for rechargeable batteries, components of ovens, televisions, electronic components, production equipment for the food industry, pharmaceutical, beverages, pressings of CDs and DVDs, pots of kitchen, batteries, cans for beverages, cell phones, electrical appliances, civil construction and even vitamins that many people eat every day. Its corporate credit in foreign currency has been rated as investment grade, Baa2 by Moody s, BBB + by Standard & Poor s, and BBB-by Fitch Chinese demand for minerals and metals has been expanding since the last quarter of 2008. The participation of Asia in ticket sales increased from 43.2% in the last quarter of 2008 to 56.4% in the third quarter of 2009. In terms of distribution by countries, its main market is China, with 37% of sales followed by Brazil with 15.5%, Japan with 9.8%, Korea of the South with 3.8% and United States with 3.7%. This positioning in the global geography of sales is what makes it so sensitive to the Asian recovery, from the hand of China mainly.
Vale iron ore has best price and quality than Chinese, and why there is more commonly used. And China had annualised 10 per cent global GDP growth in the third quarter. The robust performance of domestic demand has been the main reason for the Chinese expansion, explained by the acceleration of investment in physical assets and the growth of consumer spending.