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Vale announces financing contract

Tuesday, 15 Apr 2014 09:01am EDT 

Vale SA:Says Banco Nacional do Desenvolvimento Economico e Social (BNDES) approved financing contract of 6.2 billion Brazilian reias to implement Carajas Serra Sul S11D and CLN S11D projects.Financing term is ten years and funds will be disbursed within three years according to the projects' plans. 

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