Is There No End To Vale?s Woes?

To further add to its troubles, its Simandou project in Guinea is going nowhere due to the fickle nature of government policies. As a result, Vale has been forced to suspend projects, including Simandou, resulting in a drastically reduced capital expenditure target for next year.

Source: http://www.forbes.com/sites/greatspeculations/2012/12/13/is-there-no-end-to-vales-woes/

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