NewsWhore
05-21-2009, 08:00 PM
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Vale Cuts 2009 Spending 37% as Currency, Costs Drop (http://news.google.com/news/url?sa=T&ct=us/5-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Das4Buf6z9MxQ%26refer%3Dhome&cid=1246670173&ei=dO0VSsjbCMfFsAai6JmUBA&usg=AFQjCNGBthG0PbSRU5Uj0HVCdnLk2JwfzQ)
Bloomberg
“The review reflects basically the price of our cost- denominated currencies, a review of equipment and implementation costs, delays in granting of environmental licenses and simplifications and changes in some projects,” Vale said. ...
More... (http://news.google.com/news/url?sa=T&ct=us/5-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Das4Buf6z9MxQ%26refer%3Dhome&cid=1246670173&ei=dO0VSsjbCMfFsAai6JmUBA&usg=AFQjCNGBthG0PbSRU5Uj0HVCdnLk2JwfzQ)
Vale Cuts 2009 Spending 37% as Currency, Costs Drop (http://news.google.com/news/url?sa=T&ct=us/5-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Das4Buf6z9MxQ%26refer%3Dhome&cid=1246670173&ei=dO0VSsjbCMfFsAai6JmUBA&usg=AFQjCNGBthG0PbSRU5Uj0HVCdnLk2JwfzQ)
Bloomberg
“The review reflects basically the price of our cost- denominated currencies, a review of equipment and implementation costs, delays in granting of environmental licenses and simplifications and changes in some projects,” Vale said. ...
More... (http://news.google.com/news/url?sa=T&ct=us/5-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Das4Buf6z9MxQ%26refer%3Dhome&cid=1246670173&ei=dO0VSsjbCMfFsAai6JmUBA&usg=AFQjCNGBthG0PbSRU5Uj0HVCdnLk2JwfzQ)