Yep in the series of reports just released, there is no mention of how the loss of output of 93mtpa would be mitigated ie through ramp up of s11d etc
They simply regurgitated the same info released yesterday re loss of output.
I’m reading now that MPs are pushing for compo for each family affected to be R$5m (USD 1.25M) up from Vale’s proposal of R$1M. This would be higher than R$5m if family has more than 5 people as well.
Vale is down another 1.5% in after hours trading
http://www.vale.com/australia/en/investors/information-market/quarterly-results/pages/default.aspx
Iron ore price, page-11300
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