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Vale sees expenses with Brumadinho disaster at $2.7bn to $3.2bn in 2021

9th September 2021

By: Reuters

  

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SAO PAULO – Brazil's miner Vale updated on Thursday its expenses outlook for 2021, saying it expects disbursements related to the Brumadinho dam disaster to reach $2.7-billion to $3.2-billion this year.

According to a securities filing, Vale also sees its financial expenses in 2021 at $0.8-billion to $1.1-billion, while its capital expenditure is expected to reach $5.4 billion and expenses with taxes are estimated at $3.8-billion to $4.2-billion.

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Edited by Reuters

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