Vale S.A., together with its subsidiaries, produces iron ore and nickel in Asia, the Americas, Europe, and internationally. It operates through Iron Solutions and Energy Transition Materials segments. The company extracts, produces, and distributes iron ore, iron ore pellets, briquettes, and other ferrous products; and operates mining complexes, railways, maritime terminals, and ports for the transportation of its products. It also produces nickel, copper, cobalt, and by-products, such as gold, silver, cobalt, platinum group metals, and other precious metals. In addition, the company engages in greenfield mineral exploration; invests in energy businesses through renewable sources; research; trading; and pelletizing plant. It exports its products. The company was formerly known as Companhia Vale do Rio Doce and changed its name to Vale S.A. in May 2009. Vale S.A. was founded in 1942 and is headquartered in Rio De Janeiro, Brazil.