Brief: Brazil's Vale Is More Cautious About Discussing Extraordinary Dividends - CFO
BRIEF-Brazil's Vale Is More Cautious About Discussing Extraordinary Dividends - CFO July 31 (Reuters) - 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;))
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