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Brazil's Vale more optimistic than market on iron-ore prices – exec

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IRON-ORE
Brazilian miner Vale is more optimistic than the market consensus in terms of iron-ore prices for 2017, Investor Relations Director Andre Figueiredo told reporters on Thursday. Figueiredo also said Vale had likely made a profit in 2016, and should pay dividends equivalent to about 25% of net profit.
 
 
 
 
 

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