Replies to post #7416 on The Rising Influence of Rising Affluence

[DewDiligence]

VALE 2Q13 items…

Financial report:
http://www.sec.gov/Archives/edgar/data/917851/000110465913061340/a13-17918_36k.htm

Production report:
http://www.sec.gov/Archives/edgar/data/917851/000110465913061337/a13-17918_46k.htm

Audited financial statements according to IFRS:
http://www.sec.gov/Archives/edgar/data/917851/000110465913061138/a13-16947_26k.htm

[DewDiligence]

VALE—The disparity relates to non-operating items such as the nominal change in VALE's balance-sheet items caused by changes in the exchange rate between the Brazilian Real and other currencies.

Bottom line: VALE's 2Q13 was a solid quarter. The shares are +2% today in Sao Paulo and New York.

See #msg-90797784 for further details.