You are here

Vale proceeding with caution on asset sales as jump in iron ore prices drives profit

Monday, November 7, 2016 - 05:50

Rio De Janeiro

THE best iron ore rally in years is giving top producer Vale SA pause as it considers asset-sale options.

While divestitures are still the best way to reduce debt quickly, a 50 per cent jump in iron ore prices that sent earnings to the highest in two years means the

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom