| Brazil's Vale draws down $3 bln to cover costs until asset sales | |
| | |
|
RIO DE JANEIRO, Jan 12 (Reuters) - Brazilian miner Vale SA said on Tuesday it has drawn down $3 billion of its $5 billion revolving credit line to improve liquidity and cover potential costs until it manages to close asset sales. (Reporting by Stephen Eisenhammer)
|
|
|
Vale
|
|
EXPLORATION STAGE |
CODE : VALE3.SA |
|
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Vale is a producing company based in Brazil. Its main exploration property is GALIURO in USA. Vale is listed in Brazil and in France. Its market capitalisation is BRL 328.7 billions as of today (US$ 150.8 billions, € 141.5 billions). Its stock quote reached its lowest recent point on February 19, 2016 at BRL 10.51, and its highest recent level on August 27, 2021 at BRL 99.80. Vale has 5 244 319 744 shares outstanding. |