Vale reviewing $5.9bn investment on Argentina concerns

Apr 30, 2012 | 12:56 PM |

Vale has been reviewing its planned $5.9 billion Rio Colorado fertiliser project in Argentina as it is “very concerned” about the political and economic situation in the Latin American country. The company’s management expects analyses of several issues regarding the project to be concluded in May. They will then make a recommendation to the board about the next move, ceo Murilo Ferreira....

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