Vale prepared to sell core assets after massive loss

摘要

CEO Murilo Ferreira says there are no restrictions on what Vale will consider disposing of to reduce net debtto $15 bn, from $25.23 bn (?22.9 bn) as of 31 December.He was speaking after the Brazilian miner reported its worst result in decades - a $12.1 bn net loss in 2015,versus $657 M net earnings the year before.