Vale Still Confident About Brazil Potash Project

MercoPress reported that Vale (NYSE:VALE) is reassessing its Brazil potash project but is confident it will overcome political obstacles.

As quoted in the market news:

Marco Aurelio Garcia, special spokesman for President Dilma Rousseff on foreign affairs, said he “felt Rio Colorado would move ahead,” after recent talks with Vale Chief Executive Murilo Ferreira and Argentina’s Federal Planning minister, Julio De Vido.

Click here to read the full MercoPress report.