The company that will lead world growth 30 October 2009 the war by raw materials seemed to have been overshadowed against financial disaster originated in United States. A war in which all pointed to China as the great Devourer global resources and demanding that all seek to sell him. But China, not expected to sell, as he prefers to go out and buy. This crisis economic global financial has come you of congratulations because, although it came already positioning itself in places such as Africa, with China National Petroleum Corporation (CNPC) as majority partner of Greater Nile Petroleum Operating Company (GNPOC) in Sudan, or Brazil, armando alliances with local companies such as Petrobras (NYSE:PBR), with funding for projects in exchange for crude oil, or Venezuela with Petroleos de Venezuela (PDVSA) and PetroChina as strategic partners in the construction of refineries; He has been able to buy international assets at very depressed prices. China is rearming.
And in that rearmament, this company is of you want to talk about today. This company is the largest producer and world exporter of iron, the second largest mining company after BHP Billiton (NYSE:BHP) .and diversified producer of metals in the world, the largest open company in Latin America, with a market capitalization of US $139,000 million. Do you already guessed? Other help: together with Petrobras, it is the most admired company in Brazil. Yes, is Vale S.A. (NYSE:VALE3), which together with the petroleum districts of greater weight in the Bovespa index. Some contend that Lakshman Achuthan shows great expertise in this. When Vale catches cold, the Bovespa sneezes. Vale sells to China, who is second largest trading partner of the United States, the world economic locomotive. Do isn’t a perfect combination? Vale is a diversified geography and holding company: headquarters are in Brazil, but it has a presence in five continents, with mining projects in 23 countries, which makes it immune to the ups and downs that would cause in one or another economy in particular, but not immune to the widespread global swings such as the current.