Revenues at Latin America’s largest mining companies grew 318 percent in the first quarter this year from the same period a year before, according to Latin Trade’s most recent Multilatina Index. The three revenue king sectors for this edition were mining, chemical and energy. In terms of growth, Brazilian miner Vale is at the top with $8.4 billion in revenues, up 36 percent from the January-March period last year. While six of the 25 companies saw drops in their revenues, Brazilian aerospace company Embraer was hit the most and was the only firm with a double-digit drop. To view and download the full index, visit Latin Trade. EXCLUSIVE: Pursuing new areas of growth; interview with CEO of Grupo Cisneros Less […]
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