Vale S.A. Cedear

Vale S.A. Cedear is a Brazilian materials-linked equity certificate that provides market exposure to Vale S.A., a major global producer of iron ore, iron ore pellets, nickel, copper, and other mineral products. Through its core mining and logistics operations, Vale serves industries such as steelmaking, construction, manufacturing, and energy transition materials. The company also operates railways, ports, and maritime terminals that support the transport and export of its bulk commodities across international markets. Vale S.A. focuses on large-scale extraction, processing, and distribution of industrial minerals, making it an important participant in the global supply chain for raw materials. The Cedear allows local investors to access the performance of Vale S.A. through a domestically traded instrument, linking the Argentine market with one of Brazil’s most significant mining and industrial companies.