BHP FMG RIO all announced cutbacks to capex last week, Now the 4th has joined:
Vale reduces capex for fourth year to $10.17bn for 2015
Brazilian miner Vale’s board has approved a total capital expenditure of $10.17 billion for 2015, down from the $13.8 billion planned for 2014.
São Paulo 02 December 2014
BHP FMG RIO all announced cutbacks to capex last week, Now the...
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Mkt cap ! $61.51B | |||
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