Bradespar is one of the simplest companies on Brazil's stock exchange — it owns a slice of Vale, the world's largest iron-ore miner, and does little else. That simplicity makes it a pure, leveraged bet on iron ore, wrapped in Banco Bradesco's corporate structure and paying an outsized dividend. Full nameBradespar S.A. Tickers / exchangeBRAP3, BRAP4 — B3 (São Paulo); XBPRO — Latibex (Madrid) HeadquartersAv. Presidente Juscelino Kubitschek 1309, São Paulo, SP, Brazil SectorHolding company / Mining exposure EmployeesNot disclosed in available sources (lean holding structure) Market value (market cap)R$7.55bn …
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