CHARTS: The coming critical minerals trade war is BRICS short of a load
"While a large number of countries around the world continue to talk about securing raw material supply, China is actually doing something about it."
The ability of mining giant Vale (VALE.N: Quote) to execute on its capital spending plans will be paramount for its stock to rise, according to a Morgan Stanley report on Monday.
Analysts Carlos de Alba and Bruno Montanari said that Peru’s Bayovar, Vale’s first greenfield project outside Brazil, “offers a good example that the company can deliver.”