About: http://data.cimple.eu/news-article/8ec8b19c090b3d2ddd68045eb63a69aed4de65edd94e50762865937d

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/8ec8b19c090b3d2ddd68045eb63a69aed4de65edd94e50762865937d Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	Brazilian mining giant Vale posted net earnings of $2.91 billion in the third quarter, due to an increase in iron ore prices in the face of strong Chinese demand. According to the report of financial results for the July to September period, the profit is almost three times that of the second quarter ($995 million) and almost double that of the same period in 2019. The company reported a net first-quarter profit of $239 million. Vale attributes its strong performance to a 27 percent increase in the average reference price of iron ore during the third quarter, compared to the second quarter. The increase was because "Chinese demand reacted strongly to government stimulus and supply chain disruptions, which led to higher prices during the quarter due to reduced iron ore availability," according to the report. Vale, one of the world's biggest iron ore miners, also resumed dividend payments to shareholders in the third quarter, with a total of $3.327 billion corresponding to the company's performance in the first half of 2020. Vale had not cut dividend checks for shareholders since the Brumadinho disaster in January 2019, when a dam collapsed at one of its mines in the Brazilian state of Minas Gerais. The accident killed 270 people and sent millions of tons of toxic mining waste gushing into the surrounding area. The disaster was devastating for the company, which lost nearly $1.7 billion on the year in 2019. In the report, Vale said it remains firm "in the commitment of integral reparation of Brumadinho" and said in August that searches for "11 missing victims" had resumed, after being put on hold for five months due to the coronavirus pandemic. jm/rs/to/dw
schema:headline	Brazil's Vale posts profit in Q3
schema:mentions	Deutsche Welle Supply chain Dividend Integral Brumadinho Minas Gerais Dam Pandemic Brazil China Iron ore
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-10-29 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	71 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 5 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software