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New plans for Vale

Vale SA’s (BZ:VALE5) incoming CEO Fabio Schvartsman has wasted no time in outlining plans for the world’s largest iron ore producer to resume growth through acquisition and diversification.

Mining Journal
Vale will look to diversify under new CEO

Vale will look to diversify under new CEO

The 63-year-old took the helm last Monday and reportedly told analysts of his plans during his first week in the office. His diversification plans come as iron ore prices have tumbled from their February...

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