1 de diciembre de 2015 / 17:43 / hace 2 años

BRIEF-Vale CFO says can break even with $40/tonne iron ore in 2017

1 MIN. DE LECTURA

Dec 1 (Reuters) -

* Vale CFO Luciano Siani says capital investment needed to maintain production will stabilize at about $3 billion a year

* Vale CFO says it should close plans for coal logistics joint venture in Mozambique by 1st half 2016

* Vale CFO says can break even with iron ore at $40 a tonne starting in 2017

* Vale says it will need to finance cash needs in 2016 if iron ore is at $40 a tonne in 2016 Further company coverage: (Reporting by Jeb Blount)

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