SAO PAULO – Brazil's miner Vale updated on Thursday its expenses outlook for 2021, saying it expects disbursements related to the Brumadinho dam disaster to reach $2.7-billion to $3.2-billion this year.
According to a securities filing, Vale also sees its financial expenses in 2021 at $0.8-billion to $1.1-billion, while its capital expenditure is expected to reach $5.4 billion and expenses with taxes are estimated at $3.8-billion to $4.2-billion.