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Vale has committed to providing work-integrated learning placements for a new Surveyor Assistant training program in Northern Manitoba.
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Brazilian stocks fell sharply following Lula's election victory, with the Brazil ETF dropping 19.8% and MercadoLibre declining 7.8%. Despite the sell-off, the article argues MercadoLibre remains a compelling buy given its strong fundamentals, including 30 consecutive quarters of 30%+ revenue growth, reasonable forward P/E valuation of 30, and expanding fintech operations across Latin America.
Vale stock declined 3.23% to $12.00 on October 26, 2026, following Brazil's election outcome where incumbent President Lula defeated the conservative candidate, and after UBS cut its price target from $15.00 to $14.50. The mining company faces political uncertainty as investors await Q3 earnings on October 29.
Vale S.A. was among the companies awarded lots in a recent Brazilian natural gas auction.