Transcription of Vale’s Performance in 2017
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Vale’s Performance in 2017
Ricardo Teles/Vale Vale's Performance in 2017. App Vale Investors & Media iOS: Android: Tel.: (55 21) 3485-3900. Investor Relations Department Andr Figueiredo Andr Werner Carla Albano Miller Fernando Mascarenhas Andrea Gutman Bruno Siqueira Renata Capanema BM&F BOVESPA: VALE3. NYSE: VALE. EURONEXT PARIS: VALE3. LATIBEX: XVALO. Except where otherwise indicated the operational and financial information in this release is based on the consolidated figures in accordance with IFRS and, with the exception of information on investments and behavior of markets, quarterly financial statements are reviewed by the company's independent auditors.
5 commercial initiatives (US$ 1.439 billion), which were partly offset by the negative impact of the exchange rate (US$ 556 million) and the 45% increase in bunker oil prices (US$ 409 million).
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