October 28, 2008

Brazil’s Vale to Invest More Than $1.3 Billion in Power Generation, an Industrial Info News Alert

Researched by Industrial Info Resources (Sugar Land, Texas) -- Brazilian mining firm Vale (NYSE:RIO) (Rio de Janeiro) is investing more than $1.3 billion in power generation. The company currently has three ongoing power projects: the 600-megawatt (MW) Barcarena power plant, the 1,087-MW Estreito hydropower plant and the 90-MW Karebbe hydropower plant.

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SOURCE: Industrial Info Resources