Vale expects to reduce its debt level to $10 billion in 2018, investor relations director Andr?(C) Figueiredo said during a presentation for investors on Wednesday January 17 in S??o Paulo.
This compares with net debt of $21.07 billion in the third quarter of 2017.The company's fourth-quarter 2017 results have yet to be released, but its debt level should have come down to $15-16 billion by the end of the period, according...