April 25, 2012 / 9:48 PM / in 6 years

Vale says first-quarter profit $3.83 billion

RIO DE JANEIRO (Reuters) - Vale SA VALE5.SA, 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

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