February 28, 2018 / 4:20 PM / 7 months ago

Vale plans to reduce costs by 10 pct in all nickel ops in 2018

RIO DE JANEIRO, Feb 28 (Reuters) - Executives at Brazilian miner Vale SA said on Wednesday that the world’s top nickel producer plans to reduce costs in all its nickel operations by 10 percent this year, which they said implied savings well above $150 million. (Reporting by Alexandra Alper Editing by Chizu Nomiyama)

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