Vale (VALE) Reserves - Probable (K) : 0.00 (As of . 20)

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What is Vale Reserves - Probable (K)?

Probable reserves are reserves calculated to be at least 50% likely to be recovered through drilling.

Vale's Reserves - Probable (K) for the annual that ended in Dec. 2022 was 10,209,700.00 , which lower from pervious year (Dec. 2021)'s result by 6.10%.

The historical rank and industry rank for Vale's Reserves - Probable (K) or its related term are showing as below:

VALE's Reserves - Probable (K) is not ranked ^*
in the Metals & Mining industry.
Industry Median:
* Ranked among companies with meaningful Reserves - Probable (K) only.

Vale Reserves - Probable (K) Historical Data

The historical data trend for Vale's Reserves - Probable (K) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Vale Reserves - Probable (K) Chart

Vale Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Reserves - Probable (K)

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Reserves - Proven (K)

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Competitive Comparison of Vale's Reserves - Probable (K)

For the Other Industrial Metals & Mining subindustry, Vale's Reserves - Probable (K), along with its competitors' market caps and Reserves - Probable (K) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Vale (NYSE:VALE) Reserves - Probable (K) Explanation

Reserves - Probable (K) are reserves calculated to be at least 50% likely to be recovered through drilling. Probable reserves do not necessarily imply proven reserves, since a firm may decide not to recover the deposits because of the expensive economics involved in extraction.

Any combination of regulatory, economic and technological challenges could reduce the likelihood that a firm can profitably extract the reserve.

Vale Reserves - Probable (K) Related Terms

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Vale (VALE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vale SA (NYSE:VALE) » Definitions » Reserves - Probable (K)

Comparable Companies

Traded in Other Exchanges

VALE:Mexico 0LBF:UK XVALO:Spain CVLC:Germany CVLC:Germany CVLB:Germany CVLB:Germany CVLC:Germany CVLB:Germany VALE3:Brazil VALE:Argentina

Address

Praia de Botafogo, 186, Salas 501 a 1901, Botafogo, Rio de Janeiro, RJ, BRA, 22250-145

Website

https://www.vale.com

Vale is a large global miner and the world's largest producer of iron ore and pellets. In recent years the company has sold noncore assets such as its fertilizer, coal, and steel operations to concentrate on iron ore, nickel, and copper. Earnings are dominated by the bulk materials division, primarily iron ore and iron ore pellets. The base metals division is much smaller, consisting of nickel mines and smelters along with copper mines producing copper in concentrate. Vale has agreed to sell a minority 13% stake in its base metals business, which is expected to become effective early in 2024, and which is likely the first step in separating base metals and iron ore.