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	<title>Stock Blog Hub &#187; VALE</title>
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	<description>Start Your Investing Research Here!</description>
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		<title>(GM) Steel Industry Stock Outlook &#8211; March 2012 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2012/03/29/gm-steel-industry-stock-outlook-march-2012-industry-outlook-2/97018</link>
		<comments>http://www.stockbloghub.com/2012/03/29/gm-steel-industry-stock-outlook-march-2012-industry-outlook-2/97018#comments</comments>
		<pubDate>Thu, 29 Mar 2012 19:32:55 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Auto Manufacturers - Major]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[AK Steel Holding Corporation]]></category>
		<category><![CDATA[AKS]]></category>
		<category><![CDATA[Arcelor Mittal]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[F]]></category>
		<category><![CDATA[Ford Motor Company]]></category>
		<category><![CDATA[General Motors]]></category>
		<category><![CDATA[GM]]></category>
		<category><![CDATA[HMC]]></category>
		<category><![CDATA[Honda Motor Company Limited]]></category>
		<category><![CDATA[MT]]></category>
		<category><![CDATA[Nucor Corporation]]></category>
		<category><![CDATA[NUE]]></category>
		<category><![CDATA[Rio Tinto plc]]></category>
		<category><![CDATA[RTP]]></category>
		<category><![CDATA[TM]]></category>
		<category><![CDATA[Toyota Motor Corporation]]></category>
		<category><![CDATA[United States Steel Corporation]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>
		<category><![CDATA[X]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=97018</guid>
		<description><![CDATA[About the Industry The steel industry can well be termed the backbone of modern society considering steel’s varied uses, be it in construction, transport, electrical appliances, food packaging and the like. In terms of its composition, steel is an alloy of iron and carbon containing less than 2% carbon and 1% manganese and small amounts of silicon, phosphorus, sulfur and oxygen. Steel products are classified into four broad categories: flat steel products, long steel products, scrap and semi-finished products. Flat products include plates, hot-rolled strip and sheets, and cold-rolled strip and sheets. The long steel product category includes wire rods, beams, reinforced bars and merchant bars. The products under both these categories are rolled from steel slabs, which are considered as unfinished or semi-finished products that are generally not sold. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/03/29/gm-steel-industry-stock-outlook-march-2012-industry-outlook-2/97018/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CF) The Seeds for a Commodity Supercycle &#8211; Investing in Agriculture</title>
		<link>http://www.stockbloghub.com/2012/02/23/cf-the-seeds-for-a-commodity-supercycle-investing-in-agriculture/91724</link>
		<comments>http://www.stockbloghub.com/2012/02/23/cf-the-seeds-for-a-commodity-supercycle-investing-in-agriculture/91724#comments</comments>
		<pubDate>Thu, 23 Feb 2012 19:42:31 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Agricultural Chemicals]]></category>
		<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[CF]]></category>
		<category><![CDATA[CF Industries Holdings Inc.]]></category>
		<category><![CDATA[MOS]]></category>
		<category><![CDATA[Mosaic Company]]></category>
		<category><![CDATA[POT]]></category>
		<category><![CDATA[Potash Corporation of Saskatchewan Inc]]></category>
		<category><![CDATA[SMG]]></category>
		<category><![CDATA[The Scotts Miracle-Gro Company]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=91724</guid>
		<description><![CDATA[The world has a rapidly growing problem on its hands: an exponentially increasing human population. In 1960, the world population was three billion. Last year, it reached seven billion, and in 2040, the United Nations expects it to be around nine billion. The organization noted in a recent report that the globe is running out of time to ensure that there’s enough water, energy and food for the rising population, as each year we’ll have more mouths to feed. And the U.N. warns that if the world is unsuccessful in tackling these problems, it could send three billion people into poverty. The Seeds for a Commodity Supercycle According to U.N. estimates, by 2030 the globe will need at least 50% more food. And in a rapidly changing environment, new limits ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BHP) Court Piles Taxes on Vale</title>
		<link>http://www.stockbloghub.com/2011/12/08/bhp-court-piles-taxes-on-vale/87905</link>
		<comments>http://www.stockbloghub.com/2011/12/08/bhp-court-piles-taxes-on-vale/87905#comments</comments>
		<pubDate>Thu, 08 Dec 2011 19:02:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Industrial Metals & Minerals]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=87905</guid>
		<description><![CDATA[A week ago, Australian lower house has announced the approval of tax on profit for coal and iron ore mining. The news came as a blow to BHP Billiton Ltd. (BHP), Rio Tinto plc (RIO), Xstrata and other iron-ore and coal miners operating in Australia. These companies have to bear an estimated burden of about A$11 billion ($10.8 billion) as extra charges in the first three years. When the worldwide arguments and disputes on the issue of Australian tax imposition was just taking shape, the Brazilian court&#8211;the 2nd Federal Regional Tribunal, upheld a ruling on Vale S.A (VALE), requiring the miner to pay 25 billion reais ($14 billion) in back taxes on overseas profits. The Tribunal’s ruling followed a lower court decision ordering the foreign units of local companies to ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/08/bhp-court-piles-taxes-on-vale/87905/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GM) Steel Industry Stock Outlook &#8211; November 2011 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2011/11/29/gm-steel-industry-stock-outlook-november-2011-industry-outlook/87719</link>
		<comments>http://www.stockbloghub.com/2011/11/29/gm-steel-industry-stock-outlook-november-2011-industry-outlook/87719#comments</comments>
		<pubDate>Tue, 29 Nov 2011 21:21:23 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Auto Manufacturers - Major]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[AK Steel Holding Corporation]]></category>
		<category><![CDATA[AKS]]></category>
		<category><![CDATA[Allegheny Technologies Inc]]></category>
		<category><![CDATA[Arcelor Mittal]]></category>
		<category><![CDATA[ATI]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[F]]></category>
		<category><![CDATA[Ford Motor Company]]></category>
		<category><![CDATA[General Motors]]></category>
		<category><![CDATA[GM]]></category>
		<category><![CDATA[HMC]]></category>
		<category><![CDATA[Honda Motor Company Limited]]></category>
		<category><![CDATA[MT]]></category>
		<category><![CDATA[Nucor Corporation]]></category>
		<category><![CDATA[NUE]]></category>
		<category><![CDATA[PKX]]></category>
		<category><![CDATA[POSCO]]></category>
		<category><![CDATA[Rio Tinto plc]]></category>
		<category><![CDATA[RTP]]></category>
		<category><![CDATA[TM]]></category>
		<category><![CDATA[Toyota Motor Corporation]]></category>
		<category><![CDATA[United States Steel Corporation]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>
		<category><![CDATA[X]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=87719</guid>
		<description><![CDATA[Overview The World Steel industry is rather concentrated in structure, with a few producers accounting for the lion’s share of sales. Steel products are classified into four broad categories: flat steel products, long steel products, scrap and semi-finished products. Flat products include plates, hot-rolled strip and sheets and cold-rolled strip and sheets. The long steel product category comprises wire rods, beams, reinforced bars and merchant bars. The products under both these categories are rolled from steel slabs, which are considered as unfinished or semi-finished products that are generally not sold. Historically, the automotive and construction markets have remained the largest consumers of steel, absorbing more than half of the total steel produced. Large automakers such as General Motors Company (GM), Ford Motor Company (F), Toyota Motor Corporation (TM) and Honda ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/11/29/gm-steel-industry-stock-outlook-november-2011-industry-outlook/87719/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BGS) 17 Rare Earth Elements? The Number is Actually 52</title>
		<link>http://www.stockbloghub.com/2011/09/19/bgs-17-rare-earth-elements-the-number-is-actually-52/83300</link>
		<comments>http://www.stockbloghub.com/2011/09/19/bgs-17-rare-earth-elements-the-number-is-actually-52/83300#comments</comments>
		<pubDate>Mon, 19 Sep 2011 20:33:15 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Processed & Packaged Goods]]></category>
		<category><![CDATA[B&G Foods Inc]]></category>
		<category><![CDATA[BGS]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=83300</guid>
		<description><![CDATA[by David Fessler, Investment U Senior Analyst Thursday, September 15, 2011 At least according to a new list published by the British Geological Survey (BGS). These include the standard list of 17 Rare Earth Elements, 97% of which are produced in China. However, the list also includes other “technology metals” used in modern digital devices and things like solar panels, wind generators, and other green technologies, that are most at risk from supply disruption. The scary part is the list comprises nearly half the elements in the entire periodic table. The supply risk index runs from 1 (very low risk) to 10 (very high risk). Check out the graph below, courtesy of the National Environmental Research Council (NERC). The chart shows the frequency that a given country is the global ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/09/19/bgs-17-rare-earth-elements-the-number-is-actually-52/83300/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BHP) Rio Tinto Sales Up &#8211; Misses Estimate</title>
		<link>http://www.stockbloghub.com/2011/08/05/bhp-rio-tinto-sales-up-misses-estimate/80710</link>
		<comments>http://www.stockbloghub.com/2011/08/05/bhp-rio-tinto-sales-up-misses-estimate/80710#comments</comments>
		<pubDate>Fri, 05 Aug 2011 17:56:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Industrial Metals & Minerals]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=80710</guid>
		<description><![CDATA[Rio Tinto plc. (RIO) has reported financial results for the first half of 2011. Net earnings attributable to ADR holders of Rio Tinto during the period were $7,587 million, up 30% year over year from $5,845 million reported in the first half of 2010. Earnings per ADR were $3.87, up from $2.97 recorded in the previous year. The recorded earnings were marginally below the Zacks Consensus Estimate of $3.90. The increase was due to favorable market condition worldwide fuelled by strong Asian demand and rise in prices of metals and minerals. Average copper and aluminum prices increased 31% and 20%, respectively and average molybdenum prices went up by 13%. Gold prices also moved up by 26%. Gross sales during the first half of 2011, moved up by 21% to $31,764 ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/08/05/bhp-rio-tinto-sales-up-misses-estimate/80710/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(VALE) VALE S.A. Strengthens Logistics</title>
		<link>http://www.stockbloghub.com/2011/07/07/vale-vale-s-a-strengthens-logistics/78532</link>
		<comments>http://www.stockbloghub.com/2011/07/07/vale-vale-s-a-strengthens-logistics/78532#comments</comments>
		<pubDate>Thu, 07 Jul 2011 17:10:41 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78532</guid>
		<description><![CDATA[Vale S.A. (VALE) recently announced that the company’s new giant bulk carriers will be manufactured in China and South Korea as the domestic market is already working at full capacity. The company has booked 19 Valemaxes and already received delivery of one carrier. The Brazilian company intends to strengthen its Logistics Services business by reducing the freight costs between Brazil and China, the largest iron ore importer. Moreover, the company&#8217;s shipping strategy will improvise its competitiveness against rival companies Rio Tinto (RIO) and BHP Billiton (BHP). Vale S.A is the world&#8217;s largest producer and exporter of iron ore and pellets. The company primarily engages in the mining and production of ferrous and non-ferrous metals, and aluminum-related operations, primarily in Brazil. The company delivered satisfactory performance during the first quarter of ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/07/vale-vale-s-a-strengthens-logistics/78532/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GM) Steel Stock Review &amp; Outlook &#8211; June 2011 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2011/06/28/gm-steel-stock-review-outlook-june-2011-industry-outlook/77786</link>
		<comments>http://www.stockbloghub.com/2011/06/28/gm-steel-stock-review-outlook-june-2011-industry-outlook/77786#comments</comments>
		<pubDate>Wed, 29 Jun 2011 02:21:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Auto Manufacturers - Major]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[AK Steel Holding Corporation]]></category>
		<category><![CDATA[AKS]]></category>
		<category><![CDATA[Allegheny Technologies Inc]]></category>
		<category><![CDATA[Arcelor Mittal]]></category>
		<category><![CDATA[ATI]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[F]]></category>
		<category><![CDATA[Ford Motor Company]]></category>
		<category><![CDATA[General Motors]]></category>
		<category><![CDATA[GM]]></category>
		<category><![CDATA[HMC]]></category>
		<category><![CDATA[Honda Motor Company Limited]]></category>
		<category><![CDATA[MT]]></category>
		<category><![CDATA[Nucor Corporation]]></category>
		<category><![CDATA[NUE]]></category>
		<category><![CDATA[PKX]]></category>
		<category><![CDATA[POSCO]]></category>
		<category><![CDATA[Rio Tinto plc]]></category>
		<category><![CDATA[RTP]]></category>
		<category><![CDATA[Steel Dynamics Inc.]]></category>
		<category><![CDATA[STLD]]></category>
		<category><![CDATA[TM]]></category>
		<category><![CDATA[Toyota Motor Corporation]]></category>
		<category><![CDATA[United States Steel Corporation]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>
		<category><![CDATA[X]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77786</guid>
		<description><![CDATA[The World Steel industry is rather concentrated in structure, with a few producers accounting for the lion’s share of sales. Steel products are classified into four broad categories: flat steel products, long steel products, scrap and semi-finished products. Flat products include plates, hot-rolled strip and sheets and cold-rolled strip and sheets. The long steel product category comprises wire rods, beams, reinforced bars and merchant bars. The products under both these categories are rolled from steel slabs, which are considered as unfinished or semi-finished products that are generally not sold. Historically, the automotive and construction markets have remained the largest consumers of steel, absorbing more than half of the total steel produced. Large automakers such as General Motors Company (GM), Ford Motor Company (F), Toyota Motor Corporation (TM) and Honda Motor ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BHP) BHP Billiton Limited Invests Further in Canada</title>
		<link>http://www.stockbloghub.com/2011/06/26/bhp-bhp-billiton-limited-invests-further-in-canada/77428</link>
		<comments>http://www.stockbloghub.com/2011/06/26/bhp-bhp-billiton-limited-invests-further-in-canada/77428#comments</comments>
		<pubDate>Sun, 26 Jun 2011 17:53:47 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Industrial Metals & Minerals]]></category>
		<category><![CDATA[AA]]></category>
		<category><![CDATA[Alcoa Inc.]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77428</guid>
		<description><![CDATA[BHP Billiton Limited (BHP) has approved another investment of $488 million to support the development of the Jansen Potash Project in Saskatchewan, Canada. The funding will help in supporting the project’s feasibility study related to preparation and procurement of long lead time items. This investment raises BHP Billiton’s contribution in Jansen to $1.2 billion. The total funding toward Saskatchewan thereby rose to almost $2 billion, indicating the company’s potash business development intentions in the province. The project is designed to produce approximately 8 million tons per annum of agricultural grade potash with an estimated mine life of around 70 years. The funding will now enable BHP Billiton to develop the first 382.8 yards of the production and service shafts, on receipt of necessary Government approvals on environment issues. In February ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BHP) RIO Tinto Announced Plans to Acquire Riversdale Mining</title>
		<link>http://www.stockbloghub.com/2011/06/26/bhp-rio-tinto-announced-plans-to-acquire-riversdale-mining/77445</link>
		<comments>http://www.stockbloghub.com/2011/06/26/bhp-rio-tinto-announced-plans-to-acquire-riversdale-mining/77445#comments</comments>
		<pubDate>Sun, 26 Jun 2011 17:51:10 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Industrial Metals & Minerals]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77445</guid>
		<description><![CDATA[Rio Tinto plc (RIO) announced that it plans to acquire the remaining stake in  Riversdale Mining Limited. by exercising its right under section 661A (1) of the Australian Corporations Act. Currently, the company has a 99.76% stake in Riversdale through its wholly owned subsidiary Rio Tinto Jersey Holdings 2010 Limited. Recently, Indian Steel major Tata Steel agreed to sell its holdings in Riversdale to Rio Tinto. Consequently, the company acquired a 26.28% stake in Riversdale for AUD 16.5 per share, or roughly $17.36. The deal was valued at $1.1 billion. Tata Steel, however, was previously hesitant on selling the stake, as it did not have enough inventory of a long-term coal supply for feeding is European steel manufacturing plants. Last year, in December, Rio Tinto announced that it will acquire ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/26/bhp-rio-tinto-announced-plans-to-acquire-riversdale-mining/77445/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SID) Rio Tinto to Buy Tata&#8217;s Riversdale Stake</title>
		<link>http://www.stockbloghub.com/2011/06/23/sid-rio-tinto-to-buy-tatas-riversdale-stake/77232</link>
		<comments>http://www.stockbloghub.com/2011/06/23/sid-rio-tinto-to-buy-tatas-riversdale-stake/77232#comments</comments>
		<pubDate>Thu, 23 Jun 2011 16:14:43 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[CLF]]></category>
		<category><![CDATA[Cliffs Natural Resources Inc.]]></category>
		<category><![CDATA[Companhia Siderurgica Nacional]]></category>
		<category><![CDATA[FCX]]></category>
		<category><![CDATA[Freeport-McMoRan Copper & Gold Inc]]></category>
		<category><![CDATA[SID]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77232</guid>
		<description><![CDATA[Recently, Rio Tinto plc (RIO) received a nod from the Indian Steel major Tata Steel to buy 26% stake in its coal mining company, Riversdale in an open offer of AUD 16.5 per share, or roughly $17.36 per share. The deal is valued at $1.1 billion. The deal is expected to give Rio Tinto full control over the Riversdale coal miner for secure coal assets for Rio’s mining requirements, on the backdrop of rising fuel prices. The transaction is expected to provide significant potential for increasing Rio Tinto’s coal output. Rio won majority control of Riversdale earlier in 2011 with a $3.9 billion bid. The company raised its holding in the African Miner to 73% in April, following a deal with the Brazilian steelmaker, Companhia Siderurgica Naciona (SID) for its 19.9% ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
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		<title>(VALE) Rio Tinto Plc Ups Stake in Ivanhoe</title>
		<link>http://www.stockbloghub.com/2011/06/22/vale-rio-tinto-plc-ups-stake-in-ivanhoe/77131</link>
		<comments>http://www.stockbloghub.com/2011/06/22/vale-rio-tinto-plc-ups-stake-in-ivanhoe/77131#comments</comments>
		<pubDate>Wed, 22 Jun 2011 21:12:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77131</guid>
		<description><![CDATA[Rio Tinto Plc. (RIO) announced that it is exercising remaining warrants of Ivanhoe Mines Ltd (Ivanhoe) to acquire 55.1 million shares for $502 million or $9.10 per share. Subsequent to the acquisition, the company will increase its holdings in Ivanhoe to 46.5%, up from 42%. Rio Tinto’s will also obtain the right to appoint an additional director to Ivanhoe’s board of 14 members and consequently, will be able to exercise 50% influence on Ivanhoe’s directors. Furthermore, the company has an option to increase its stake in Ivanhoe to 49% by January 18, 2012. The deal is related to the agreement between the companies entered last year, whereby Rio Tinto agreed to convert the warrants to shares by January 2012 for the ongoing development of Oyu Tolgoi. Based in Mongolia, Oyu ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(VALE) Vale S.A.&#8217;s Potash Project Suspended</title>
		<link>http://www.stockbloghub.com/2011/06/20/vale-vale-s-a-s-potash-project-suspended/76787</link>
		<comments>http://www.stockbloghub.com/2011/06/20/vale-vale-s-a-s-potash-project-suspended/76787#comments</comments>
		<pubDate>Mon, 20 Jun 2011 16:16:26 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76787</guid>
		<description><![CDATA[The Rio Colorado potash mine development project of Brazilian miner, Vale S.A. (VALE), has been suspended by the government of the Argentine province of Mendoza. The suspension, according to the Mendoza government authority, is solely due to Vale’s lack of compliance with the local labor law and insufficient information provided with respect to the investment plan. The government of Mendoza, a far western province of Argentina, needed a series of data on issues such as the buying of local goods and hiring of local workers. Such database is required by the government to control and verify the actual compliance with that of the agreed requirements. Earlier in 2011, before the final suspension, the government of Mendoza has already complained and warned Vale against its failure to hire 75% of the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/20/vale-vale-s-a-s-potash-project-suspended/76787/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ABX) Barrick Gold Moves into Copper Mining</title>
		<link>http://www.stockbloghub.com/2011/05/03/abx-barrick-gold-moves-into-copper-mining/72827</link>
		<comments>http://www.stockbloghub.com/2011/05/03/abx-barrick-gold-moves-into-copper-mining/72827#comments</comments>
		<pubDate>Tue, 03 May 2011 18:46:50 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[FCX]]></category>
		<category><![CDATA[Freeport-McMoRan Copper & Gold Inc]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=72827</guid>
		<description><![CDATA[by Tony D’Altorio, Investment U Research Friday, April 29, 2011 Barrick Gold (NYSE: ABX) is the world’s largest gold producer. Last year, it mined net profits of $3.3 billion, but it wants more… So it recently surprised the market with a $7.6-billion bid for Canadian-Australian copper mining company Equinox Minerals (OTC: EQXMF.PK). Barrick expects to produce 300 million pounds of copper this year, along with about 7.8 million ounces of gold. And with the Equinox acquisition, that copper figure could quadruple. The move might seem strange for a solid gold company. But Barrick wants to diversify, despite shareholder angst. African Copper Barrick isn’t the only company interested in Equinox; China’s Minmetals Resources tried to acquire it, as well. So Barrick stepped in to offer a 16 percent premium to Minmetals’ ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/03/abx-barrick-gold-moves-into-copper-mining/72827/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(BRKB) Understanding Japan&#8217;s Disaster</title>
		<link>http://www.stockbloghub.com/2011/03/29/brkb-understanding-japans-disaster/68781</link>
		<comments>http://www.stockbloghub.com/2011/03/29/brkb-understanding-japans-disaster/68781#comments</comments>
		<pubDate>Tue, 29 Mar 2011 15:55:39 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[Berkshire Hathaway]]></category>
		<category><![CDATA[BRKB]]></category>
		<category><![CDATA[CLF]]></category>
		<category><![CDATA[Cliffs Natural Resources Inc.]]></category>
		<category><![CDATA[First Solar Inc.]]></category>
		<category><![CDATA[FSLR]]></category>
		<category><![CDATA[JA Solar Holdings Company Limited]]></category>
		<category><![CDATA[JASO]]></category>
		<category><![CDATA[Lubrizol Corporation]]></category>
		<category><![CDATA[LZ]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[Range Resources Corporation]]></category>
		<category><![CDATA[RRC]]></category>
		<category><![CDATA[Solarfun Power Holdings Company Limited]]></category>
		<category><![CDATA[SOLF]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=68781</guid>
		<description><![CDATA[The awful news out of Japan just seems to keep getting worse. There are now four reactors that are in trouble and significant (although outside the gates of the plant, not immediately dangerous) levels of radiation have been released into the atmosphere. That has severely strained the country’s electrical system (along with other damaged generating and transmission facilities), and there have been rolling blackouts across the country. Most of the factories in the country have been shut down, either due to direct damage or to save electricity. Clearly that is going to be a massive hit to the economy, and first quarter growth there is going to be negative. By how much is really anybody’s guess at this point. The amount of direct damage is probably on the order of ]]></description>
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		<title>(MT) Steel Industry Outlook &#8211; March 2011 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2011/03/24/mt-steel-industry-outlook-march-2011-industry-outlook/69604</link>
		<comments>http://www.stockbloghub.com/2011/03/24/mt-steel-industry-outlook-march-2011-industry-outlook/69604#comments</comments>
		<pubDate>Thu, 24 Mar 2011 14:05:31 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[AK Steel Holding Corporation]]></category>
		<category><![CDATA[AKS]]></category>
		<category><![CDATA[Allegheny Technologies Inc]]></category>
		<category><![CDATA[Arcelor Mittal]]></category>
		<category><![CDATA[ATI]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[F]]></category>
		<category><![CDATA[Ford Motor Company]]></category>
		<category><![CDATA[HMC]]></category>
		<category><![CDATA[Honda Motor Company Limited]]></category>
		<category><![CDATA[MT]]></category>
		<category><![CDATA[Nucor Corporation]]></category>
		<category><![CDATA[NUE]]></category>
		<category><![CDATA[PKX]]></category>
		<category><![CDATA[POSCO]]></category>
		<category><![CDATA[Rio Tinto plc]]></category>
		<category><![CDATA[RTP]]></category>
		<category><![CDATA[Steel Dynamics Inc.]]></category>
		<category><![CDATA[STLD]]></category>
		<category><![CDATA[TM]]></category>
		<category><![CDATA[Toyota Motor Corporation]]></category>
		<category><![CDATA[United States Steel Corporation]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>
		<category><![CDATA[X]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=69604</guid>
		<description><![CDATA[The global Steel industry is rather concentrated in structure, with a few producers accounting for the lion’s share of sales. ArcelorMittal (MT) is the world’s largest steel company, with projected crude steel production of 90.6 million tons in 2011. Steel products can be classified into four broad categories: flat steel products, long steel products, scrap and semi-finished products. Flat products include plates, hot-rolled strip and sheets, and cold-rolled strip and sheets. The long steel product category comprises wire rods, beams, reinforced bars and merchant bars. The products under both these categories are rolled from steel slabs, which are considered as unfinished or semi-finished products that are generally not sold. Historically, the automotive and construction markets have remained the largest consumers of steel, absorbing more than half of total steel produced. ]]></description>
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		</item>
		<item>
		<title>(VALE) Vale S.A. Quarterly Earnings Scorecard Shows Excellent</title>
		<link>http://www.stockbloghub.com/2010/11/07/vale-vale-s-a-quarterly-earnings-scorecard-shows-excellent/58344</link>
		<comments>http://www.stockbloghub.com/2010/11/07/vale-vale-s-a-quarterly-earnings-scorecard-shows-excellent/58344#comments</comments>
		<pubDate>Sun, 07 Nov 2010 20:20:40 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[Rio Tinto plc]]></category>
		<category><![CDATA[RTP]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=58344</guid>
		<description><![CDATA[Following the excellent third quarter earnings announcement on October 27, analysts following Vale S.A. (VALE) also remain optimistic. An increase in the capital budget for fiscal 2011, justifies management’s view towards the company. Third Quarter Summary Vale has reported a stellar performance with an EPADS of $1.13, a huge leap from $0.31 in the year-ago quarter. On a sequential basis, EPADS also increased from $0.70 in the second quarter of fiscal 2010. It beat the Zacks Consensus Estimate of $1.03. Net earnings also increased to $6,038 million from $1,677 million in the corresponding quarter of 2009 and $3,705 million during the previous quarter. This huge jump was attributable to the increase in the demand for minerals and metals based on the global economic recovery as well as the significant increase in ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(MT) Steel Industry Outlook &#8211; November 2010 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2010/10/30/mt-steel-industry-outlook-november-2010-industry-outlook/57143</link>
		<comments>http://www.stockbloghub.com/2010/10/30/mt-steel-industry-outlook-november-2010-industry-outlook/57143#comments</comments>
		<pubDate>Sat, 30 Oct 2010 18:16:27 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[AK Steel Holding Corporation]]></category>
		<category><![CDATA[AKS]]></category>
		<category><![CDATA[Allegheny Technologies Inc]]></category>
		<category><![CDATA[Arcelor Mittal]]></category>
		<category><![CDATA[ATI]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[F]]></category>
		<category><![CDATA[Ford Motor Company]]></category>
		<category><![CDATA[HMC]]></category>
		<category><![CDATA[Honda Motor Company Limited]]></category>
		<category><![CDATA[MT]]></category>
		<category><![CDATA[Nucor Corporation]]></category>
		<category><![CDATA[NUE]]></category>
		<category><![CDATA[PKX]]></category>
		<category><![CDATA[POSCO]]></category>
		<category><![CDATA[Rio Tinto plc]]></category>
		<category><![CDATA[RTP]]></category>
		<category><![CDATA[Steel Dynamics Inc.]]></category>
		<category><![CDATA[STLD]]></category>
		<category><![CDATA[TM]]></category>
		<category><![CDATA[Toyota Motor Corporation]]></category>
		<category><![CDATA[United States Steel Corporation]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>
		<category><![CDATA[X]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=57143</guid>
		<description><![CDATA[The U.S. houses one of the world&#8217;s largest steel industries. It is rather concentrated in structure, with a few producers accounting for the lion’s share of sales. ArcelorMittal (MT) is the world’s largest steel company, with crude steel production of 73.2 million tons in 2009, representing about 6% of the global steel output. Steel products are classified into four broad categories: flat steel products, long steel products, scrap and semi-finished products. Flat products include plates, hot-rolled strip and sheets, and cold-rolled strip and sheets. The long steel product category comprises wire rods, beams, reinforced bars and merchant bars. The products under both these categories are rolled from steel slabs, which are considered as unfinished or semi-finished products that are generally not sold. Historically, the automotive and construction markets have remained ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(POT) Potash Benefits as Demand to Soar in 2011</title>
		<link>http://www.stockbloghub.com/2010/09/01/pot-potash-benefits-as-demand-to-soar-in-2011/50034</link>
		<comments>http://www.stockbloghub.com/2010/09/01/pot-potash-benefits-as-demand-to-soar-in-2011/50034#comments</comments>
		<pubDate>Thu, 02 Sep 2010 03:45:30 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Agricultural Chemicals]]></category>
		<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Agrium Inc.]]></category>
		<category><![CDATA[AGU]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[Intrepid Potash]]></category>
		<category><![CDATA[IPI]]></category>
		<category><![CDATA[MOS]]></category>
		<category><![CDATA[Mosaic Company]]></category>
		<category><![CDATA[POT]]></category>
		<category><![CDATA[Potash Corporation of Saskatchewan Inc]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=50034</guid>
		<description><![CDATA[by Tony D’Altorio, Investment U Research Wednesday, September 1, 2010 One of the main ingredients in fertilizer, Potash helps plants resist disease, thereby improving crop yields. Now, some investors think it can revitalize their portfolios… They have some reason to, considering that demand should only rise from here. The United Nations sees food production needs rising 70% by 2050 to feed the global population of 3 billion additional people. That – and the world’s rising appetite for meat – should easily boost fertilizer demand. Also in investors’ favor, is recent history. Potash fertilizer first gained attention from 2007 to 2008 when it rocketed from $150 a ton to almost $1,000. But when the financial crisis hit, demand dropped by almost half and prices fell nearly to their 2006 levels. Prices ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(VALE) Vale S.A. Analyst Reiterates Neutral Stock Rating</title>
		<link>http://www.stockbloghub.com/2010/08/27/vale-vale-s-a-analyst-reiterates-neutral-stock-rating/49473</link>
		<comments>http://www.stockbloghub.com/2010/08/27/vale-vale-s-a-analyst-reiterates-neutral-stock-rating/49473#comments</comments>
		<pubDate>Fri, 27 Aug 2010 17:42:20 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[Rio Tinto plc]]></category>
		<category><![CDATA[RTP]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=49473</guid>
		<description><![CDATA[We reiterate our Neutral recommendation on Vale S.A. (VALE). We are optimistic on the new iron-ore pricing system, the prime reason behind the excellent results during the second quarter of fiscal 2010 with EPADR of 70 cents surging ahead of 15 cents posted in the year-ago quarter. Net operating revenues of $9,658.0 million also almost doubled from $4,948.0 million in the second quarter of 2009 and $6,604.0 million in the previous quarter. However, we are concerned about the instability in the Chinese market with regard to carbon emissions, which are almost double that of the U.S. and triple that of Europe. This would definitely force the Chinese government to impose regulatory restrictions on carbon emissions, which in turn will have a negative effect on the iron ore sales market in ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MT) Steel Industry Review and Outlook &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2010/06/29/mt-steel-industry-review-and-outlook-industry-outlook/41945</link>
		<comments>http://www.stockbloghub.com/2010/06/29/mt-steel-industry-review-and-outlook-industry-outlook/41945#comments</comments>
		<pubDate>Wed, 30 Jun 2010 00:29:12 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[AK Steel Holding Corporation]]></category>
		<category><![CDATA[AKS]]></category>
		<category><![CDATA[Allegheny Technologies Inc]]></category>
		<category><![CDATA[Arcelor Mittal]]></category>
		<category><![CDATA[ATI]]></category>
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		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[F]]></category>
		<category><![CDATA[Ford Motor Company]]></category>
		<category><![CDATA[HMC]]></category>
		<category><![CDATA[Honda Motor Company Limited]]></category>
		<category><![CDATA[MT]]></category>
		<category><![CDATA[Nucor Corporation]]></category>
		<category><![CDATA[NUE]]></category>
		<category><![CDATA[PKX]]></category>
		<category><![CDATA[POSCO]]></category>
		<category><![CDATA[Rio Tinto plc]]></category>
		<category><![CDATA[RTP]]></category>
		<category><![CDATA[Steel Dynamics Inc.]]></category>
		<category><![CDATA[STLD]]></category>
		<category><![CDATA[TM]]></category>
		<category><![CDATA[Toyota Motor Corporation]]></category>
		<category><![CDATA[United States Steel Corporation]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>
		<category><![CDATA[WisdomTree Dreyfus Euro]]></category>
		<category><![CDATA[X]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=41945</guid>
		<description><![CDATA[The U.S. houses one of the world&#8217;s largest steel industries. It is rather concentrated in structure, with a few producers accounting for the lion’s share of sales. If we add companies engaged in the extraction of iron ore and coking coal for the processing of iron and steel, this industry includes metal ore exploration and mining services, iron and steel foundries for smelting, rolling, forging, spinning, recycling, stamping, polishing and plating of iron and steel products such as pipes, tubes, wires, springs, rolls and bars. ArcelorMittal (MT) is the world’s largest steel company, with crude steel production of 73.2 million tons in 2009, representing about 6% of the world steel output. The largest drivers of steel consumption have historically been the automotive and construction markets, which absorb more than 50% ]]></description>
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		</item>
		<item>
		<title>(ETN) Fundamentals Behind Soaring Nickel Prices</title>
		<link>http://www.stockbloghub.com/2010/05/12/etn-fundamentals-behind-soaring-nickel-prices/37053</link>
		<comments>http://www.stockbloghub.com/2010/05/12/etn-fundamentals-behind-soaring-nickel-prices/37053#comments</comments>
		<pubDate>Wed, 12 May 2010 21:41:06 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Industrial Electrical Equipment]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Allegheny Technologies Inc]]></category>
		<category><![CDATA[Arcelor Mittal]]></category>
		<category><![CDATA[ATI]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[Eaton Corporation]]></category>
		<category><![CDATA[ETN]]></category>
		<category><![CDATA[iPath DJ AIG Nickel TR Sub-Idx ETN]]></category>
		<category><![CDATA[JJN]]></category>
		<category><![CDATA[MT]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=37053</guid>
		<description><![CDATA[If you lived through the Great Depression, you’d likely remember the song: “Brother, Can You Spare a Dime?” These days, commodity investors are singing a slightly different tune: “Brother, Can You Spare a Nickel.” And they’re singing it for very different reasons. You see, the value of the metal in a U.S. 5-cent coin now stands at 6.2 cents. Nickel has jumped about 45% since the start of 2010, while copper and aluminum have risen merely 5%. And since its low point in late 2008, the commodity’s price has more than tripled to $27,500 a ton thanks to strong demand from the stainless steel industry along with supply disruptions. This year’s upswing will have a significant impact on mining companies such as Brazil’s Vale ADR (NYSE: VALE) and Russia’s Norilsk ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/05/12/etn-fundamentals-behind-soaring-nickel-prices/37053/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(VALE) Vale S.A. Reports Earnings Short of Consensus</title>
		<link>http://www.stockbloghub.com/2010/05/10/vale-vale-s-a-reports-earnings-short-of-consensus/36653</link>
		<comments>http://www.stockbloghub.com/2010/05/10/vale-vale-s-a-reports-earnings-short-of-consensus/36653#comments</comments>
		<pubDate>Mon, 10 May 2010 15:12:28 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=36653</guid>
		<description><![CDATA[Vale S.A.’s (VALE) first quarter EPADR for the fiscal year 2010 was 30 cents, an increase from 26 cents in the year-ago quarter. However, it missed the Zacks Consensus Estimate of 33 cents. Net earnings reached $1,604 million, up 17.7% from $1,363 million in the corresponding quarter of 2009 based on an increase in net operating revenues. Net operating revenues grew 26.3% year-over-year to $6,848 million from $5,421 million in the first quarter of 2009, primarily driven by the global economic recovery. Revenues generated from the sales of ferrous minerals accounted for 69.0% of total revenues, while non-ferrous minerals contributed 23.9%, logistics services 4.5%, coal 1.8% and the rest accounted for 0.8%. Geographically, 51.6% of revenues were generated from Asia, 25.2% from the Americas, 19.8% from Europe and 3.3% from rest of ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/05/10/vale-vale-s-a-reports-earnings-short-of-consensus/36653/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(BHP) China’s Hunger for Iron Ore Has Hidden Companies Set to Profit</title>
		<link>http://www.stockbloghub.com/2010/04/21/bhp-china%e2%80%99s-hunger-for-iron-ore-has-hidden-companies-set-to-profit/34592</link>
		<comments>http://www.stockbloghub.com/2010/04/21/bhp-china%e2%80%99s-hunger-for-iron-ore-has-hidden-companies-set-to-profit/34592#comments</comments>
		<pubDate>Wed, 21 Apr 2010 21:40:01 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Industrial Metals & Minerals]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[Companhia Siderurgica Nacional]]></category>
		<category><![CDATA[Rio Tinto plc]]></category>
		<category><![CDATA[RTP]]></category>
		<category><![CDATA[SID]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=34592</guid>
		<description><![CDATA[If you read my article on April 5, you know that the iron ore market is changing… a lot. In the past, iron ore producers and steelmakers negotiated fixed, yearly prices. Now though, prices will be set in quarterly contracts linked to the spot market. That means major iron ore producers can expect huge profits going forward, especially considering that prices are 100% higher than last year’s. And it could easily go higher, considering China’s latest move on the subject. Chinese firms can no longer import low-quality iron ore, which means anything with less than 60% iron content in this case. That means they can’t buy from India, the market’s third largest exporter in the world. Shipments from there contain only between 55% and 58% actual iron. Australia and Brazil ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/04/21/bhp-china%e2%80%99s-hunger-for-iron-ore-has-hidden-companies-set-to-profit/34592/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(BHP) Iron Ore Market &#8211; A New Pricing System Ushers In The End of an Era</title>
		<link>http://www.stockbloghub.com/2010/04/05/bhp-iron-ore-market-a-new-pricing-system-ushers-in-the-end-of-an-era/32805</link>
		<comments>http://www.stockbloghub.com/2010/04/05/bhp-iron-ore-market-a-new-pricing-system-ushers-in-the-end-of-an-era/32805#comments</comments>
		<pubDate>Tue, 06 Apr 2010 04:08:47 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Industrial Metals & Minerals]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[Rio Tinto plc]]></category>
		<category><![CDATA[RTP]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=32805</guid>
		<description><![CDATA[For decades, mining iron ore was exceedingly unglamorous. But beginning in the early 2000s, China’s vast steel needs began to transform all of that. Prices began to soar, and all of a sudden, the industry lost its stigma. As that happened, people began questioning the annual pricing system that served as a benchmark for forty years. And so they came up with a new way of doing business. Ditching the yearly contracts and long negotiations set in place since the 1960s, miners and steelmakers agreed to move to quarterly contracts linked to the nascent iron ore spot market instead. Other commodities have undergone similar changes in the past. Most started out as either fixed systems or annually set contracts that would often take producers and users months to negotiate. But ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/04/05/bhp-iron-ore-market-a-new-pricing-system-ushers-in-the-end-of-an-era/32805/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(JOYG) Joy Global &#8211; Emerging Markets Driving Growth</title>
		<link>http://www.stockbloghub.com/2010/02/23/joyg-joy-global-emerging-markets-driving-growth/28572</link>
		<comments>http://www.stockbloghub.com/2010/02/23/joyg-joy-global-emerging-markets-driving-growth/28572#comments</comments>
		<pubDate>Wed, 24 Feb 2010 00:55:22 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Farm & Construction Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[BTU]]></category>
		<category><![CDATA[Inc.]]></category>
		<category><![CDATA[Joy Global]]></category>
		<category><![CDATA[JOYG]]></category>
		<category><![CDATA[Peabody Energy Corporation]]></category>
		<category><![CDATA[Rio Tinto plc]]></category>
		<category><![CDATA[RTP]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=28572</guid>
		<description><![CDATA[Joy Global (JOYG) is a play on global economic growth with a decent dividend yield. Company Description Joy Global is a pure play on the global mining sector. It is a leader in manufacturing, servicing, and distributing equipment for underground mining through Joy Mining Machinery and surface mining through P&#38;H Mining Equipment. Joy Global&#8217;s products are used primarily in the extraction of underground coal. Coal mining accounts for roughly 70% of Joy Global&#8217;s annual revenues. Emerging Markets Driving Growth Much of Joy Global&#8217;s growth will come from China, India, and other emerging markets. That&#8217;s because the demand for mined commodities is dominated by strong imports from emerging markets. The demand is being driven by infrastructure build outs and the growing demand for electricity. China announced that it will increase its ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/02/23/joyg-joy-global-emerging-markets-driving-growth/28572/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(BG) Bunge Limited to Sell Brazil Fertilizer</title>
		<link>http://www.stockbloghub.com/2010/01/18/bg-bunge-limited-to-sell-brazil-fertilizer/25196</link>
		<comments>http://www.stockbloghub.com/2010/01/18/bg-bunge-limited-to-sell-brazil-fertilizer/25196#comments</comments>
		<pubDate>Tue, 19 Jan 2010 00:32:28 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Farm Products]]></category>
		<category><![CDATA[BG]]></category>
		<category><![CDATA[Bunge Limited]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=25196</guid>
		<description><![CDATA[Bunge Ltd. (BG), a leading integrated global agribusiness and food company in the U.S., is currently engaged in discussions with Vale S.A. (VALE), a diversified metals and mining company, to sell its fertilizer business in Brazil Incorporatedluding its 42.3% stake in fertilizer company Fosfertil. The deal valued at $3.8 billion would be Vale’s biggest acquisition since its $18.2 billion takeover of Inco Limited, a nickel producing company in Canada, in 2006. Vale is the largest producer and exporter of iron ore across the globe. Of late, the company has been eyeing the fertilizer business as part of a strategy to benefit from rising fertilizer demand due to increased global food consumption and agriculture output in South America and Asia. Fosfertil is a major provider of raw materials for fertilizer producers ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/18/bg-bunge-limited-to-sell-brazil-fertilizer/25196/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(STD) Investing in Brazil: Two Ways to Profit From This Emerging Market’s Multiple Growth Trends</title>
		<link>http://www.stockbloghub.com/2010/01/12/std-investing-in-brazil-two-ways-to-profit-from-this-emerging-market%e2%80%99s-multiple-growth-trends/24684</link>
		<comments>http://www.stockbloghub.com/2010/01/12/std-investing-in-brazil-two-ways-to-profit-from-this-emerging-market%e2%80%99s-multiple-growth-trends/24684#comments</comments>
		<pubDate>Tue, 12 Jan 2010 23:02:23 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[BRF]]></category>
		<category><![CDATA[EWZ]]></category>
		<category><![CDATA[iShares MSCI Brazil Index]]></category>
		<category><![CDATA[Market Vectors Brazil Small-Cap ETF]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[STD]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=24684</guid>
		<description><![CDATA[by Tony Daltorio, Investment U Research Team Monday, January 11, 2010 Soccer… the Samba… and carnivals. These are the things that spring to mind when you mention Brazil. But these days, the country is increasingly considered an excellent destination for investment capital, too. In fact, it may very well become one of the 21st century’s new economic powers, alongside places like China and India. The solid economic foundation is already in place… ~ Commodities: Brazil holds a strong position in commodities like sugar, iron ore, soybeans, orange juice, pulp, paper, and now even oil. ~ Structural Reforms: The country has worked diligently towards structural reforms in recent years – and through improved fiscal and monetary policies, it’s achieved a noticeable improvement. That includes… Lowering inflation. Reducing net debt to 40% ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/12/std-investing-in-brazil-two-ways-to-profit-from-this-emerging-market%e2%80%99s-multiple-growth-trends/24684/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(VALE) Vale S.A. Sees Higher Production</title>
		<link>http://www.stockbloghub.com/2009/12/29/vale-vale-s-a-sees-higher-production/23791</link>
		<comments>http://www.stockbloghub.com/2009/12/29/vale-vale-s-a-sees-higher-production/23791#comments</comments>
		<pubDate>Tue, 29 Dec 2009 16:30:40 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=23791</guid>
		<description><![CDATA[Vale S.A. (VALE), the world&#8217;s largest iron-ore supplier, reportedly plans to hike its iron ore production to full capacity next year, helped by the global economic recovery. Vale&#8217;s iron ore production fell by about 30 million tons this year from about 302 million tons in 2008. However, the company believes that next year, its iron ore production will rebound to about 300 million tons. Returning to growth after the impact of the global financial shock, Vale had last month announced strong operational and financial results for the third quarter of 2009. The improved performance reflects the company&#8217;s underlying earnings power based on its world-class assets and strategic position, its efforts to weather the global downturn and the widening of the economic recovery. In the last quarter, operating revenue was $6.89 ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/12/29/vale-vale-s-a-sees-higher-production/23791/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(VALE) Investing in Brazilian Steel: Four Companies Set to Profit From Transportation Infrastructure</title>
		<link>http://www.stockbloghub.com/2009/12/22/vale-investing-in-brazilian-steel-four-companies-set-to-profit-from-transportation-infrastructure/23323</link>
		<comments>http://www.stockbloghub.com/2009/12/22/vale-investing-in-brazilian-steel-four-companies-set-to-profit-from-transportation-infrastructure/23323#comments</comments>
		<pubDate>Tue, 22 Dec 2009 18:52:21 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[Companhia Siderurgica Nacional]]></category>
		<category><![CDATA[Gerdau S.A.]]></category>
		<category><![CDATA[GGB]]></category>
		<category><![CDATA[SID]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=23323</guid>
		<description><![CDATA[Tony Daltorio, Investment U Research Monday, December 22, 2009 Even though Vale (NYSE: VALE) decided to cut its iron ore production by about 10% during the global crisis, the iron ore-mining giant has found itself in hot water. Of course, other companies in Brazil and around the world did exactly the same thing. But they aren’t required to answer to Brazil’s government, which just happens to hold a significant stake in Vale through public sector pension funds and BNDES, the national development bank. And Vale made the mistake of not consulting with its major shareholder before it took action. That oversight led the government to not only question the company’s strategy, but also put pressure on it to boost its domestic steelmaking, instead of relying on foreign producers for the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/12/22/vale-investing-in-brazilian-steel-four-companies-set-to-profit-from-transportation-infrastructure/23323/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BA) Federal Reserve Gives Clear Message</title>
		<link>http://www.stockbloghub.com/2009/11/25/ba-federal-reserve-gives-clear-message/21280</link>
		<comments>http://www.stockbloghub.com/2009/11/25/ba-federal-reserve-gives-clear-message/21280#comments</comments>
		<pubDate>Wed, 25 Nov 2009 18:12:01 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Aerospace-Defense - Major Diversified]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[BA]]></category>
		<category><![CDATA[Boeing Company]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[FCX]]></category>
		<category><![CDATA[Freeport-McMoRan Copper & Gold Inc]]></category>
		<category><![CDATA[GE]]></category>
		<category><![CDATA[General Electric Company]]></category>
		<category><![CDATA[Microsoft Corporation]]></category>
		<category><![CDATA[MSFT]]></category>
		<category><![CDATA[SI]]></category>
		<category><![CDATA[Siemens AG]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=21280</guid>
		<description><![CDATA[The minutes of the Federal Reserve meeting of November 3rd and 4th were released yesterday. The clear message of the minutes is that short-term rates are going to stay very low for a long time to come.  Below is the summary of the participants&#8217; view of the economy, and my translation/commentary/analysis of it interspersed. &#8220;In the meeting participants’ discussion of the economic situation and outlook, they agreed that the incoming data and information received from business contacts suggested that economic activity was picking up as anticipated, with output continuing to expand in the fourth quarter.&#8221; I agree that we will see positive economic growth in the fourth quarter &#8212; perhaps not very robust growth, but it will be comfortably on the right side of zero. &#8220;A number of factors were ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/11/25/ba-federal-reserve-gives-clear-message/21280/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GGB) Gerdau S.A. Margins Recovered</title>
		<link>http://www.stockbloghub.com/2009/11/07/ggb-gerdau-s-a-margins-recovered/19826</link>
		<comments>http://www.stockbloghub.com/2009/11/07/ggb-gerdau-s-a-margins-recovered/19826#comments</comments>
		<pubDate>Sun, 08 Nov 2009 00:37:01 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[CLF]]></category>
		<category><![CDATA[Cliffs Natural Resources Inc.]]></category>
		<category><![CDATA[CMC]]></category>
		<category><![CDATA[Commercial Metals Company]]></category>
		<category><![CDATA[Gerdau S.A.]]></category>
		<category><![CDATA[GGB]]></category>
		<category><![CDATA[Steel Dynamics Inc.]]></category>
		<category><![CDATA[STLD]]></category>
		<category><![CDATA[United States Steel Corporation]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>
		<category><![CDATA[X]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=19826</guid>
		<description><![CDATA[Today, Gerdau S.A. (GGB) announced consolidated results for the third quarter of 2009. The company did not provide comparable year-on-year figures in a securities filing. Sales reached 3.9 million tons in the quarter, 15% higher than in the second quarter of 2009, reflecting the recovery in the main sectors that consume the company&#8217;s products. Net Revenue reached R$6.8 billion in the 3rd quarter of 2009, 6% higher than in the previous quarter. Third quarter EBITDA reached R$1.4 billion, more than double the amount in the 2nd quarter of 2009. The EBITDA margin increased to 20.2% in the 3rd quarter of 2009 from 9.3% in the 2nd quarter. Net Income was R$655 million in the quarter, compared to a net loss of R$329 million in the previous quarter, reflecting the recovery ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/11/07/ggb-gerdau-s-a-margins-recovered/19826/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(VALE) Vale S.A. is Banking on a Better Economy</title>
		<link>http://www.stockbloghub.com/2009/11/02/vale-vale-s-a-is-banking-on-a-better-economy/19470</link>
		<comments>http://www.stockbloghub.com/2009/11/02/vale-vale-s-a-is-banking-on-a-better-economy/19470#comments</comments>
		<pubDate>Tue, 03 Nov 2009 04:57:17 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=19470</guid>
		<description><![CDATA[Last week, Vale S.A. (VALE) announced a strong set of operational and financial results for the third quarter of 2009, returning to growth after the impact of the global financial shock. The improved performance reflects the company&#8217;s underlying earnings power based on its world-class assets and strategic position, its efforts to weather the global downturn and the broadening of the economic recovery. Vale continues to pursue sustainable shareholder value creation, implementing its growth strategy with tight discipline in terms of capital allocation, in line with its long-term vision for the mining industry. Operating revenue was $6.89 billion, down 43% from the previous year&#8217;s $12.12 billion. Revenue from ferrous metals was $4.37 billion, while revenue from nonferrous minerals reached $1.99 billion. EBITDA was $3.01 billion compared to $6.37 billion in the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/11/02/vale-vale-s-a-is-banking-on-a-better-economy/19470/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(VALE) Rio Tinto Sells Iron Mines to Vale</title>
		<link>http://www.stockbloghub.com/2009/09/24/vale-rio-tinto-sells-iron-mines-to-vale/16015</link>
		<comments>http://www.stockbloghub.com/2009/09/24/vale-rio-tinto-sells-iron-mines-to-vale/16015#comments</comments>
		<pubDate>Thu, 24 Sep 2009 20:17:42 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[Rio Tinto plc]]></category>
		<category><![CDATA[RTP]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=16015</guid>
		<description><![CDATA[Early this week, Vale (VALE) acquired Corumbá iron ore mining operations from Rio Tinto Plc (RTP) for $750 million in cash. It was the part of a larger transaction that included the sale of a potash project and certain exploration assets in Canada . The potash deal closed in February for $850 million. Management is expected to benefit from potential synergies, through augmented asset and portfolio flexibility, lower administrative and logistics costs and rationalization of the use of reserves. Companhia Vale do Rio Doce is benefiting from a series of acquisitions. Recently, the company spent US$922 million for acquiring potash assets in Argentina and coal assets in Colombia , in line with the company’s strategic focus. The company also announced the signing of a memorandum of understanding along with Companhia ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/09/24/vale-rio-tinto-sells-iron-mines-to-vale/16015/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(FCX) Leading Economic Indicators Higher</title>
		<link>http://www.stockbloghub.com/2009/09/21/fcx-leading-economic-indicators-higher/15766</link>
		<comments>http://www.stockbloghub.com/2009/09/21/fcx-leading-economic-indicators-higher/15766#comments</comments>
		<pubDate>Mon, 21 Sep 2009 22:49:22 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[FCX]]></category>
		<category><![CDATA[Freeport-McMoRan Copper & Gold]]></category>
		<category><![CDATA[Rio Tinto plc]]></category>
		<category><![CDATA[RTP]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=15766</guid>
		<description><![CDATA[In August, the Conference Board’s Index of Leading Economic Indicators (LEI) rose 0.6%, following gains of 0.9% in July and 0.8% in June. This was slightly below the 0.7% consensus expectation, but on the other hand, the July number was revised up from 0.6%, so the gain was coming off a higher base. Five of the ten indicators were up on the month, three were down and two were unchanged. This marks the fifth month in a row that the index has been up since it bottomed out in March. Prior to that, it had fallen for 20 straight months &#8212; one of the longest negative strings on record. The five components that were up, in order of their impact on the index, were: the vendor performance index, which rose ]]></description>
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		<item>
		<title>(RTP) Rio Suspends Chinese Talks</title>
		<link>http://www.stockbloghub.com/2009/09/11/rtp-rio-suspends-chinese-talks/14978</link>
		<comments>http://www.stockbloghub.com/2009/09/11/rtp-rio-suspends-chinese-talks/14978#comments</comments>
		<pubDate>Fri, 11 Sep 2009 23:14:02 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[ACH]]></category>
		<category><![CDATA[Aluminum Corp. of China Ltd.]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[Rio Tinto plc]]></category>
		<category><![CDATA[RTP]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=14978</guid>
		<description><![CDATA[Last week, Rio Tinto Plc (RTP) suspended talks with Chinese steelmakers over price cuts on iron ore. Rio, BHP Billiton (BHP) and Brazil’s Vale S.A. (VALE) were participating in the negotiation. Tensions between China and Rio grew when the world’s second-largest miner spiked a deal with Aluminum Corp. of China (ACH). According to the contract, Chinalco would have invested $19.5 billion in the debt laden Rio. However, the Rio decided to form a joint-venture with rival BHP instead. Again, tension over the talks rose when four Rio employees were detained on July 5 and later charged with bribery and commercial espionage. China, the world’s largest importer of iron ore, is now looking for just a 35% price cut, versus the 40% it wanted back in June, according to a Bloomberg ]]></description>
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