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22 Apr
07:36

Vale to continue generating strong cash flow: Fitch

Rating agency Fitch has released a report indicating that Brazilian miner Vale`s strong cash flow, enhanced by higher iron ore prices and a healthy balance sheet, should enable the company to absorb substantial potential fines and reparation costs. However, identifying and quantifying all unknown contingent liabilities remains difficult due to continued elevated legal and regulatory risks, Kallanish learns from a note published on the analy…
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