Vale says first-quarter profit $3.83 billion

Wed Apr 25, 2012 5:43pm EDT
 
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RIO DE JANEIRO (Reuters) - Vale SA (VALE5.SA: Quote), the world's largest iron ore miner, said on Wednesday that first-quarter profit was $3.83 billion compared with $6.83 billion a year earlier.

(Reporting By Jeb Blount and Sabrina Lorenzi; Editing by Gary Hill)