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10 May
09:20

Vale’s financial performance dips in first-quarter

Vale’s saw its overall financial performance slumps in the first three months in 2019. This was as a result of the impacts following the Brumadinho accident, the company says in its first-quarter earnings report monitored by Kallanish. The rupture of Dam 1 at the Córrego do Feijão mine has had financial impacts that have led the miner`s first negative Ebitda in its history, the company says. “Our Ebitda was a negative $652 mil…
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