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VALE Sep 2022 17.000 put

OPR - OPR Delayed Price. Currency in USD
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3.45000.0000 (0.00%)
At close: 01:30PM EDT
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Previous Close3.4500
Expire Date2022-09-16
Day's Range3.4500 - 3.6100
Contract RangeN/A
Open Interest4.1k
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    Vale S.A. (VALE) Q2 2022 Earnings Call Transcript

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  • Reuters

    Brazil's Vale says stricter licensing requirements cause project delays

    Brazil's Vale SA said on Friday it is running into delays as it seeks environmental licenses for new projects due to "more sophisticated" requirements. Vale cited slower regulatory approvals in reducing its 2022 iron ore production outlook to 310 million to 320 million tonnes from 320 million to 335 million tonnes. "Environmental licensing processes in Brazil and actually all over the world are getting more sophisticated," said Vale's head of ferrous metals, Marcello Spinelli, in an earnings call with analysts.