That’s the question we asked IROs. And this is what they said
Rio de JaneiroBeing a player in the global mining industry and based in a non-investment grade jurisdiction like Brazil makes reduction of capital costs the main challenge for CVRD. Therefore, my main goal is to contribute to the elimination of discounts on market multiples in relation to our peers – which are all headquartered in developed countries – and improve our credit ratings.I regularly perform an analysis of the price performance of our stock and bonds to help senior management
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