Vale board members in a ‘state of war’ over CEO succession — report
Last week, consulting firm Russell Reynolds delivered a list of 15 potential successors for Eduardo Bartolomeo.
Brazil’s Vale , the world’s top iron ore miner, expects prices of the steelmaking raw material to remain above $150 a tonne for at least the next five years on tight global supplies, the Financial Times reported on Thursday.
Guilherme Cavalcanti, Vale’s chief financial officer, said miners would struggle to meet booming Asian demand, according to the newspaper.