Bloomberg News

Vale Says Prefers to Sell Valemax If It Can Lease Them Back

December 20, 2011

Dec. 20 (Bloomberg) -- Vale SA prefers to sell its Valemax ships if it can lease them back under long-term contracts, Jose Martins, the company’s head of ferrous and strategy, said today on a conference call with reporters.

To contact the reporter on this story: Juan Pablo Spinetto in Rio de Janeiro at jspinetto@bloomberg.net

To contact the editor responsible for this story: Dale Crofts at dcrofts@bloomberg.net


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