Vale will pay another R$ 17 billion for railroads

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

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

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