By What Percentage Has Vale’s Capital Expenditure Declined Over The Past 5 Years?
Vale has cut its capital spending by around 70% over the past five years in response to the sharp decline in iron ore prices, as illustrated by the table shown below. The completion of some of the company’s planned expansion projects also enabled to it to lower its capital spending.
Have more questions about Vale? See the links below.
- Vale’s Full Year 2015 Pre-Earnings Report
- Vale’s Q4 2015 Earnings Report: Decline In Iron Ore Prices Negatively Impacts Results
- How Important Is China To Vale’s Iron Ore Sales?
- What Is China’s Share Of Vale’s Overall Revenue?
- What Is Vale’s Fundamental Value Based On 2015 Results?
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Notes:
1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Vale