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27 Apr
08:57

Vale's first-quarter earnings soar on international prices

Brazilian miner Vale saw its first-quarter earnings grow, boosted by higher international commodity prices, Kallanish learns from the miner`s latest report. The company confirmed progress in the de-risking of its activities during Q1, despite the worsening Covid-19 situation in some of the regions where it operates. “Our positive financial results reflect our consistency in de-risking Vale. In Q1, the Global settlement of Brumadinho became effective,&r…
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