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Vale writes down Australian coal

AFTER flagging impairments of $US4.2 billion ($A4.1 billion ) in December, Vale today reported wr...

Kristie Batten
Vale writes down Australian coal

The result comprised a $2.8 billion write-down on the Onça Puma nickel project in Brazil, which was announced in December. Issues with two furnaces at the project caused the operation to be halted...

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