Vale set to pull out of Pecém
Brazilian mining and transport company Vale is on the verge of abandoning its Vale Pecém installations at São Gonçalo do Amarante in the state of Ceará after just two years, given a growing financial deficit. In 2016 and 2017, it lost a combined $37m.
Brazilian mining and transport company Vale is on the verge of abandoning its Vale Pecém installations at São Gonçalo do Amarante in the state of Ceará after just two years, given a growing financial deficit. In 2016 and 2017, it lost a combined $37m.
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