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Vale S.A. Optimizes Railway Investment Plans
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Vale S.A. Optimizes Railway Investment Plans

Vale SA (VALE) has released an update.

Vale S.A. is currently negotiating with the Brazilian Ministry of Transport to enhance the investment strategies for the Carajás and Vitória-Minas Railway concession contracts. The company reaffirms its commitment to the original terms disclosed in December 2020 and promises to keep the market updated on any significant developments in accordance with legal requirements.

For further insights into VALE stock, check out TipRanks’ Stock Analysis page.

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