SOURCE: Industrial Info Resources

March 24, 2008 05:00 ET

Brazil's Vale to Invest $11 Billion in 2008 to Increase Production, an Industrial Info News Alert

CORDOBA, ARGENTINA--(Marketwire - March 24, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Brazilian mining giant Vale (NYSE:RIO), formerly known as CVRD, will invest $11 billion in 2008 as part of a plan that involves $59 billion in investments in the next five years to increase the company's production to meet market demand. The investment is Vale's largest annual investment.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at, or browse other breaking industrial news stories at

Industrial Info Resources (IIR) is a marketing information service specializing in industrial process and energy related industries with products and services ranging from industry news, forecasting, plant and project databases, as well as multimedia advertising campaign assistance. For more information send inquiries to or visit us at

Contact Information

  • Contact:

    Joe Govreau