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10 Apr
08:24

Vale supports its suppliers during pandemic

Brazilian miner Vale tells Kallanish that it has anticipated payments to small and medium-sized companies as part of a series of initiatives to help support its suppliers to face impacts during the coronavirus crisis. The miner`s has made a payment of BRL 521 million ($102.0m) for services already performed and materials delivered since the beginning of the Covid-19 crisis. “The company plans to inject another BRL 411m into the Brazilian economy in advanc…
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