Brazil's Vale forecasts 2015 investment of $8-9 billion

miércoles 24 de junio de 2015 08:56 GYT

SAO PAULO, June 24 (Reuters) - Brazilian miner Vale expects to invest between $8 billion and $9 billion in 2015, a company executive said on Wednesday.

Vale is trying to reduce its capital expenditure in the midst of a price slump in iron ore, Rogério Nogueira, head of investor relations, said at an event in Sao Paulo.

(Reporting by Luciano Costa; Editing by Chizu Nomiyama)