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Vale aims to halve debt to $10bn by 2019

Cecilia Jamasmie | December 08, 2017 | 10:13 am Base Metals Latin America Iron Ore Nickel 

Vale (NYSE:VALE), the world’s No.1 iron ore producer and Brazil’s largest private company, expects to halve net debt to less than $10 billion by 2019 and use the extra cash flow to hike dividends. The Rio de Janeiro-based company, which earlier...

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