Vale's Q2 profits rocket
Published: Monday, 02 August 2010
Brazilian mining major back on track; kaolin and potash production recovers
Vale SA boosted potash and kaolin production in Q2 2010 as
the Brazilian mining groups profits surged nearly
five-fold year on year.
Adjust earnings before interest and tax (EBIT) rose to
$4.63bn., up from $976m. in the same period last year, while