Picture of Vale logo

VALE — Vale News Story

0.000.00%
us flag iconLast trade - 00:00
Basic MaterialsBalancedLarge CapContrarian

Brief: Brazil's Vale Is More Cautious About Discussing Extraordinary Dividends - CFO

BRIEF-Brazil's Vale Is More Cautious About Discussing Extraordinary Dividends - CFO

- Vale SA VALE3.SA CFO:

  • CHANGES TO THE BOARD DID NOT INTERFERE WITH THE COMPANY'S OPERATIONS, AND IT IS DELIVERING RESULTS

  • VALE CURRENTLY HAS EXCESS PELLET PRODUCTION CAPACITY

  • VALE DOES NOT EXPECT TO RESUME PELLET PRODUCTION IN SAO LUIS THIS YEAR

  • VALE IS MORE CAUTIOUS ABOUT DISCUSSING EXTRAORDINARY DIVIDENDS BECAUSE THE MARKET IS VERY VOLATILE


Further company coverage: VALE3.SA


(Reporting by Sao Paulo newsroom)

((Isabel.Teles@thomsonreuters.com;))

Recent news on Vale

See all news