BRIEF-Brazil's Vale plans to produce 340 mln tonnes of iron ore in 2016

jueves 28 de abril de 2016 11:58 GYT

April 28 (Reuters) -

* Brazilian miner Vale said on Thursday that production of 340 million tonnes of iron ore is the best option in terms of maintaining margins at current prices for this year

* Vale said it does not want to take up its option to buy a stake in Fortescue in the short, or perhaps even medium, term Main results story: Further company coverage: (Reporting By Stephen Eisenhammer)