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Vale Preps Fertilizer Buy-Up

Nov 11, 2011

Vale’s potash producing subsidiary is preparing to spend BRL2.2bn ($1.3bn) to acquire the rest of Vale Fertilizantes it doesn't already own....

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There is performance risk that the market is going to have to evaluate and assess. I think that is very healthy for the market because that will enable us to finance a much wider range of projects.

Luis Fernando Andrade, Colombian National Infrastructure Agency


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