May 10, 2019 / 2:14 PM / 14 days ago

Vale CFO says hopes to return to 400 mln tonnes annual output in 2-3 years

SANTIAGO/RIO DE JANEIRO, May 10 (Reuters) - Brazilian miner Vale's chief financial officer said on Friday that the company could restore production to a level of 400 million metric tonnes of iron ore within 2 to 3 years after a deadly dam burst curtailed activity at several mines.

When asked about dividends on a conference call with analysts, CFO Luciano Siani also said investor payouts were not a priority at the moment. (Reporting By Christian Plumb and Marta Nogueira Editing by Chizu Nomiyama)

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