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Vale CEO steps down, reluctantly

Fabio Schvartsman has been "temporarily" removed from his CEO's role.

David Upton
Vale CEO Fabio Schvartsman addressing the media last month.

Vale CEO Fabio Schvartsman addressing the media last month.

The world's biggest iron ore miner announced on Saturday it had accepted requests from CEO, Fabio Schvartsman, and three senior executives to be temporarily removed from their positions. The three executives...

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