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07 Dec
12:04

Vale to increase production, reduce investment in 2018

Brazil’s Vale has adapted its production plan in order to maximise cash flow generation and reinforce supply discipline, the company said at its meeting with investors in New York on 6 December. The miner explained that the company is looking for better results for all its assets, while Vale's total investments will remain low, after the start of its largest project, the S11D mine in Pará. “We have the firm intention of creating more value…
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