Article: Brasil Ferrovias sells locomotives to Vale.

Brazil, Jul 2, 2003 (Jornal do Commercio/SABI via COMTEX)

Brasil Ferrovias has delivered the first two locomotives to the Brazilian mining company CVRD (Companhia Vale do Rio Doce) from a total of 22 units. Brazil Ferrovias aims to reduce indebtedness by US$90mil. The company has imported the equipment (total of 50 units) financed by Santander. To replace ...

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