Brazil's Vale says it is working to sell assets, reduce costs -CEO

SAO PAULO Thu Nov 7, 2013 7:27am EST

Murilo Ferreira, President and CEO of Vale SA, addresses a news conference at the New York Stock Exchange, in New York December 3, 2012. REUTERS/Barani Krishnan

Murilo Ferreira, President and CEO of Vale SA, addresses a news conference at the New York Stock Exchange, in New York December 3, 2012.

Credit: Reuters/Barani Krishnan

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SAO PAULO (Reuters) - Brazilian mining company Vale (VALE5.SA) is working to sell more assets outside its core business to reduce costs and control debt, Chief Executive Officer Murilo Ferreira said on Thursday.

(Reporting by Jeb Blount and Sabrina Lorenzi; Writing by Reese Ewing; Editing by Lisa Von Ahn)

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