Vale Unveils $1.8 Billion Rail Concessions Deal With Brazilian Government (NYSE:VALE)


A train loaded with brown hematite iron ore in the hills

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valley (NYSE:VALE) reached an agreement with local authorities to pay up to ~11B reais ($1.78 billion) to renegotiate two railway concession contracts, Reuters reported on Monday, citing a Brazilian securities filing.

valley (WAVE) said he agreed on the general terms with



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