Mitsui & Co on Friday cut full-year profit forecast by 2% due to the absence of a dividend from Vale, but the Japanese trading house does not plan to change its holding in the Brazilian miner, a company executive said.
With 110 people confirmed dead and another 238 missing, according to firefighters’ count on Thursday evening, the collapse of tailings dam, which belongs to top iron-ore miner Vale in the town of Brumadinho may be Brazil’s deadliest-ever mine disaster.