Mint Finance

Mint Finance's investment research blends deep fundamental analysis with technical & quant insights. Investment strategies straddle across multiple asset classes with risk management embedded into every trade to deliver an outsized reward-to-risk ratio.

Mint Finance's research is centered around three key themes. First, energy transition and climate change. Second, artificial intelligence. Third, shifting world order with its impact across politics and monetary economics.

Deep Fundamental Analysis

Iron Ore Monthly Derivatives Chartbook (July 2026)

Fortescue Ltd (FMG AU): FY26 Record Shipments, Iron Bridge Impairment, and a Higher FY27 Cost Base

Rio Tinto: Simandou Is Only One Piece of a Much Bigger Story

Iron Ore, Copper, Equities, Mint Finance

Umang Agrawal

Iron Ore, Copper, Equities

Equity Bottom-Up

<ul>
<li>Vale's China strategy is paying off, with premium products and a richer sales mix driving stronger growth while peers struggle to protect their foothold in China.</li>
<li>Bacaba's early start-up is more than a scheduling win. It signals tangible progress toward Vale's ambition to significantly expand copper production.</li>
<li>Higher iron ore C1 costs, mounting pressure on Chinese steel demand, and Serra Sul +20 execution remain key watchpoints.</li>
</ul>


Vale's China strategy is paying off, with premium products and a richer sales mix driving stronger growth while peers struggle to protect their foothold in China.
Bacaba's early start-up is more than a scheduling win. It signals tangible progress toward Vale's ambition to significantly expand copper production.
Higher iron ore C1 costs, mounting pressure on Chinese steel demand, and Serra Sul +20 execution remain key watchpoints.


Vale: Deepening Its China Advantage, Preparing for the Copper Boom