UPDATE 1-Vale sees $1.6 billion impairment charge for Q4 in New Caledonia write down

Brazilian miner Vale SA , the world's top nickel producer, will write down its New Caledonia mine and incur a non-cash impairment charge of about $1.6 billion in the fourth quarter, the company said on Tuesday in a securities filing.


from Reuters: Company News https://ift.tt/2roVJ0t

No comments:

Post a Comment

Nevada Gov. Steve Sisolak Tests Positive For Coronavirus

Nevada Gov. Steve Sisolak Tests Positive For Coronavirus "With my case, I want to underscore the importance of Nevadans to stay at hom...