| Brazil's Vale resumes Amazon rail expansion after suspension | |
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RIO DE JANEIRO, July 29 (Reuters) - Brazilian miner Vale SA said on Wednesday it had resumed work on the expansion of a rail line which is part of its giant Carajas iron ore project in the Amazon after a court suspension was lifted. Work had been partially stopped since July 9 due to the potential impact on a nearby indigenous community. Construction was resumed on July 27, after the court lifted the suspension, Vale said in a statement. (Reporting by Stephen Eisenhammer; Editing by Chris Reese)
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Vale
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EXPLORATION STAGE |
CODE : VALE3.SA |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Vale is a producing company based in Brazil. Its main exploration property is GALIURO in USA. Vale is listed in Brazil and in France. Its market capitalisation is BRL 297.2 billions as of today (US$ 150.8 billions, € 136.0 billions). Its stock quote reached its lowest recent point on February 19, 2016 at BRL 10.51, and its highest recent level on August 27, 2021 at BRL 99.80. Vale has 5 244 319 744 shares outstanding. |