Leaner, meaner Vale turns a profit

VALE has more than doubled its third-quarter profits on last year, with improved operating and financial indicators reflecting a leaner Brazilian mining giant.

Leaner, meaner Vale turns a profit Leaner, meaner Vale turns a profit Leaner, meaner Vale turns a profit Leaner, meaner Vale turns a profit Leaner, meaner Vale turns a profit

Net earnings were $US3.5 billion ($A3.7 billion) for the three months to September compared to $1.6 billion in the previous corresponding period.

Operating revenues for the quarter were up 10.

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