Vale CEO: Despite the outbreak of war in the Middle East, metal demand remains strong

Vale is currently focusing on revitalizing and developing its own assets rather than seeking external acquisitions. The global demand for critical minerals has always been "highly constructive" (very favorable) for this Brazilian mining giant. Its outlook for the full year is "very optimistic." The resumption of operations at the Oman pellet plant complex will have to wait until the conflict subsides. (Bloomberg Television)