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Vale (VALE +0.2%), meeting with investors, targets iron ore production of 306K tons in 2013 and...

Vale (VALE +0.2%), meeting with investors, targets iron ore production of 306K tons in 2013 and expects slow growth before seeing a pickup in 2014. Vale's business is less predictable now that a large part of its exports go to China and Japan, CEO Murilo Ferreira says, making it difficult to have a clear snapshot of cash availability and causing some angst among dividend investors.
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