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Re: DewDiligence post# 2407

Wednesday, 03/30/2011 9:29:11 AM

Wednesday, March 30, 2011 9:29:11 AM

Post# of 30493
Brazilian newspaper, Folha is reporting that VALE’s new CEO is Tito Botelho Martins, the company’s head of base metals:

http://www.reuters.com/article/2011/03/30/vale-idUSN3011427120110330

For investors, this is a clearly a much better outcome than some political hack. An official announcement is expected in the next few days.

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