OREANDA-NEWS. The magazine America Economia published a ranking of the most global companies in Latin America and Vale was placed in the top 20. The survey highlights the progress of these companies when it comes to globalization. In all, four sub-categories were analyzed which measured the capacity of each company for multinational expansion.

Among the data analyzed are exports and foreign subsidiaries' sales, employees abroad, geographic coverage in remote regions and growth potential or geographic expansion.

In first place was the Mexican company CEMEX, which operates in 50 countries. Vale came in 15th place. Of the 80 companies listed in the ranking, 26 are Brazilian.