Caemi Mineração e Metallurgia S.A. was a major Brazilian mining holding company that ceased to exist in December 2006 after it was merged into Vale.

[9] This meant that Vale had only to acquire the remaining 20% of EBM at the hands of the Japanese investors in order to become owner of 100% of MBR.

The mining company Vale bought between 2001 and 2006 100% of Caemi's capital for a total cost of $3.2 billion.

Finally on 31 March 2006 Vale purchased the remaining 39.8% of Caemi's capital in a stock swap deal worth $2.5 billion.

[14] In May the company's shares stopped being negotiated at Bovespa[1] and then in December Caemi was merged into Vale and ceased to exist.