Vale Will Invest USD 13 bln in Five New Projects in Brazil and Canada
OREANDA-NEWS. Vale plans to invest at least USD 13 billion in new projects in 2013. The aim is to optimize the allocation of resources and achieve the vision of being the number one global natural resources company in creating long-term value for shareholders.
These new projects encompass the construction of plants, the development of mines and expansion of the capacity of railways and ports in Brazil and Canada.
Our company has been investing in world-class assets with high-quality output and lower costs, maintaining financial discipline. Read about some of the main projects in our portfolio.