Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
Brazilian miner Vale expects to invest $4-billion in the second half of 2015 and sees total investments of between $8-billion and $8.5-billion in the full year, according to a presentation on Wednesday. Vale had estimated investments of between $8-billion and $9-billion in 2015 on June 24, as it tries to reduce capital spending in the midst of a price slump in iron-ore.
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