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Brazil’s mining giant Vale S.A. is most valuable company in Latin America

RIO DE JANEIRO, BRAZIL - Vale S.A., Brazil's giant mining company, surpassed the US$100 billion mark in market value, expanding its position as the most valuable company in Latin America.

According to a survey by Economática, the company closed the trading session on Tuesday, April 27th, of B3, the São Paulo Stock Exchange, worth US$103.8 billion, over US$20 billion ahead of Argentine e-commerce giant Mercado Libre, ranked second.

According to Economática, since surpassing the Argentine company, the Brazilian mining company keeps gaining a lead over its competitors in the region - on . . .

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