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Vale (VALE) promises to "do more with less money," its finance director declares ahead of the...

Vale (VALE) promises to "do more with less money," its finance director declares ahead of the formal announcement of its 2013 plans on Dec. 3. But the Brazilian miner isn't thinking of canceling any of its proposed 2013 projects even though its investment budget will be lower than in 2012. Longer term, "scenarios for iron ore demand and prices are benign."
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Comments (2)
  • BassShema
    , contributor
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    VALE Finance Director promises to do more with less. He is not planning to cancel any of 2013 proposed PROJECTS.
    22 Nov 2012, 03:11 AM Reply Like
  • pst4431
    , contributor
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    The problem in Brazil is whenever the company does what is good for the company, the government steps in and says the company is not doing enough for the country!
    22 Nov 2012, 12:11 PM Reply Like
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