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Financial News: VALE: Company Seeks To Extend Railway Concessions Due

VALE: Company Seeks To Extend Railway Concessions Due To Expire In 2027

07/02/2018 - 16:02:00 (RTTNews)

(RTTNews) - The Brazilian mining company Vale is taking part in the procedures for the early renewal of the railway concessions that the company holds and are due to expire in 2027.

In a statement, the company informs that it should submit the matter to the Board of Directors' assessment, after analyzing the compensations required by the Brazilian government to grant the early extension, which should be made official after the stage of public hearings.

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