Brazil's Vale has not decided on sale of fertilizer unit - filing
RIO DE JANEIRO, Sept 22 (Reuters) - The board of directors of Brazilian mining company Vale SA has not yet made a decision on selling a stake in its fertilizer unit, the company said in a securities filing on Thursday.
The Rio de Janeiro-based company, the world's largest exporter of iron ore, is still looking for a strategic partner for its fertilizer business, a sale that would help reduce Vale's capital needs, cut debt and reduce risk. (Reporting by Guillermo Parra-Bernal, writing by Jeb Blount)
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