Rochester, NY 7/15/2009 12:33:28 AM
News / Finance

VALE - Vale informs about strike in Canadian operations

Vale S.A.

Vale S.A. , VALE

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Vale S.A. informs that the unionized maintenance and production employees at its operations in Sudbury and Port Colborne, province of Ontario, Canada, went on strike today after rejecting the company's settlement offer for a new three-year collective bargaining agreement. Our proposal aims to provide the right incentives to labor productivity growth and to enhance the foundations of our long-term competitiveness and capacity to continue to generate value.

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