Brazil's Renan Filho Says Agreement With VALE Over Railways Concessions Could Reach Some 20 Billion Reais
Portfolio Pulse from Benzinga Newsdesk
Brazil's Renan Filho announced that an agreement with VALE over railway concessions could be worth approximately 20 billion reais.
June 12, 2024 | 7:56 pm
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VALE is in discussions with Brazil's Renan Filho for a railway concession agreement potentially worth 20 billion reais. This could significantly impact VALE's revenue and operational capabilities in Brazil.
The agreement, if finalized, would likely enhance VALE's infrastructure and logistics capabilities, leading to potential revenue growth and operational efficiencies.
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