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Vale will pay another R$17 billion for railroads

Company and government seal 'historic' agreement on Carajás and Vitória a Minas railroads

Marcelo Portelo
Government questioned the value of renewals

Government questioned the value of renewals | Credits: Vale

Vale has made an agreement with the federal government to pay $2.74 billion (R$17 billion) in the renegotiation of the concessions of the Carajás Railroad (EFC) and the Vitória-Minas Railroad (EFVM). ...

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