From the Newsroom*<\/STRONG><\/P> S\u00e3o Paulo \u2013 Companhia Vale do Rio Doce, in the mining sector, announced this week that it had record net profit of US$ 4.095 billion in the second quarter of 2007, an increase of 97.1% over the same period last year. Gross revenues, according to the company, totalled US$ 8.899 billion, also a record value and 45.2% over the total registered in the second quarter of 2006.<\/P> According to the company, the increase in sales of the products the company trades was the factor that most influenced the growth of revenues. Sales of non-ferrous minerals answered to 44.2% of revenues, ferrous minerals to 42%, products in the aluminium chain to 8.1% and logistics services to 4.7%.<\/P> Exports generated US$ 3.9 billion, also a historic result, according to the mining company, and 54.1% more than in the period between April and June 2006. The main destinations were China, Japan, the United States, Taiwan, Germany and South Korea. The domestic market answered to 15.2% of company revenues, only behind China, with 17.9%.<\/P> In the first half, accumulated revenues totalled US$ 16.579 billion, an increase of 53.1% over the first six months of last year. Exports, in turn, totalled US$ 6.4 billion, 33% more than in the first half of 2006.<\/P> Investment made by the company totalled US$ 1.439 billion in the second half, 75.9% more than in the same period in 2006. In the half, investment reached US$ 5.759 billion. Excluding acquisitions made by the company, the total investment in the half was US$ 2.779 billion, 46.5% more than in the first six months of 2006.<\/P> *Translated by Mark Ament<\/STRONG><\/P><\/p>\n","protected":false},"excerpt":{"rendered":" From the Newsroom* S\u00e3o Paulo \u2013 Companhia Vale do Rio Doce, in the mining sector, announced this week that it had record net profit of US$ 4.095 billion in the second quarter of 2007, an increase of 97.1% over the same period last year. Gross revenues, according to the company, totalled US$ 8.899 billion, also<\/p>\n","protected":false},"author":2308,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-24655","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/24655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2308"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=24655"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/24655\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=24655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=24655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=24655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}