Vale’s Earnings Surge on Output

Vale Indonesia, the country’s biggest nickel miner, posted a 64 percent increase in profit in the first nine months of this year on the back of rising production and improving operations.

In a statement released on Thursday, the company said that its net income jumped to $47.28 million in the January-September period from $28.94 million in the corresponding period last year.

http://www.thejakartaglobe.com/business/vale-indonesia-earnings-surge-on-output/

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