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CEO Murilo Ferreira is selling assets, looking for partners and writing off unprofitable projects after Vale shares slumped to the lowest in almost three years in September on slowing demand from China and Europe.

Photographer: Jin Lee/Bloomberg

CEO Murilo Ferreira is selling assets, looking for partners and writing off unprofitable projects after Vale shares slumped to the lowest in almost three years in September on slowing demand from China and Europe.
December 03, 2012
Article
Vale Cuts Investment to $16.3 Billion as Iron Falls on China
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