Vale (VALE): Q4 net profit -21% to $4.67B vs. consensus of $4.68B. Revenues -1.2% to $14.8B as...

|About: Vale S.A. (VALE)|By:, SA News Editor
Vale (VALE): Q4 net profit -21% to $4.67B vs. consensus of $4.68B. Revenues -1.2% to $14.8B as higher volumes make up for 11% Y/Y fall in iron ore prices. Iron ore production +3.5% to 80.3M metric tons, produced record 311.8M in 2011, invested record $18B.