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Brazil's Vale 'Interested' In Continuing With Argentine Potash Project

RIO DE JANEIRO -(Dow Jones)- Brazilian mining company Vale SA (VALE, VALE5. BR ) is "interested" in continuing with its Rio Colorado potash project in Argentina, the company's chief executive officer Murilo Ferreira said Thursday. The project is "important" for Vale to achieve its fertilizers-production targets, Ferreira told reporters at an event in Rio de Janeiro. Last week, following the Argentine government's expropriation of part of an oil company, YPF SA, Ferreira said Vale was evaluating the project in view of Argentina's economic situation, where inflation has reached about 30% a year. The evaluation started before the expropriation occurred, he clarified. Vale is also continuing to study with Brazilian state-owned oil producer Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras , the possibility of developing projects of common interest to both parties, Ferreira said. The areas of affinity may include energy and logistics, Petrobras said recently. -By Diana Kinch, Dow Jones Newswires, Tel 55 21 7564 4495 diana.kinch@dowjones.com

Stock News for Companhia Vale Do Rio Doce (VALE)
DateTimeHeadline
06/22/201620:12:00Australia's Fortescue Deepens Debt Repayments -- Update
06/20/201609:46:20Report of Foreign Issuer (6-k)
06/16/201610:04:16Report of Foreign Issuer (6-k)
06/14/201606:02:52Report of Foreign Issuer (6-k)
06/10/201613:00:24Securities Registration (section 12(b)) (8-a12b)
06/10/201612:53:15Report of Foreign Issuer (6-k)
06/10/201603:04:00Brazil Faults BHP, Vale Venture for Dam Break -- WSJ
06/10/201600:56:00Brazil Police Say BHP, Vale Venture at Fault for Dam Disaster...
06/09/201620:26:00Brazil Police Say BHP, Vale At Fault for Dam Disaster -- 2nd...
06/09/201620:01:00Brazil Police Say BHP, Vale At Fault for Dam Disaster -- Update
06/09/201618:50:00Brazil Police Say BHP, Vale At Fault for Dam Disaster
06/09/201618:39:00Brazil Police Say BHP, Vale At Fault for Dam Disaster
06/08/201618:22:00ADRs End Mostly Higher; Bradesco, Petrobras Rise
06/08/201612:38:02Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
06/08/201607:40:00Brazil's Vale Raises $1.25 Billion from Overseas Bond Issue
06/08/201607:21:00Brazil's Vale Raises $1.25 Billion from Overseas Bond Issue
06/08/201606:04:53Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
06/08/201606:04:53Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
06/07/201617:52:00ADRs End Higher; Bitauto Rises
06/07/201611:06:58Report of Foreign Issuer (6-k)

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