Bloomberg News

Vale May Invest $1 Billion in Sohar Plant, Times of Oman Reports

March 04, 2012

Vale SA (VALE3), the world’s largest iron- ore producer, plans to invest about $1 billion in Oman, to double to 18 million tons per year the capacity of its pelletizing plant in the Sohar complex, the Times of Oman reported, citing Chief Executive Officer Murilo Ferreira.

To contact the reporter on this story: Fabiola Moura in Sao Paulo at fdemoura@bloomberg.net

To contact the editor responsible for this story: Juan Pablo Spinetto at jspinetto@bloomberg.net


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