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17 Feb
13:17

Vale's 2022 profit falls, despite fourth-quarter improvement

Brazilian miner Vale saw fourth-quarter earnings rise compared to Q3, mainly reflecting higher iron ore sales volumes, Kallanish learns from the miner’s latest report. The company’s main indicators, however, were down on-year, as well as in full-year 2022 due to weaker performance and lower iron ore prices. Vale confirms progress in the de-risking of its activities with the decommissioning of 12 upstream dams by the end of 2022. With the completio…
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