Vale CEO says not yet time to resume dividends

ale’s CEO said on Friday that a resumption in paying dividends or share buybacks would depend on progress in repairing the damage from its Brumadinho tailings dam collapse, which killed more than 250 people.

Eduardo Bartolomeo told investors on a conference call the Brazilian iron-ore miner would be able to resume dividend payments at some point, but that "that moment has yet to arrive".