Source: www.reuters.com

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SAO PAULO (Reuters) - Brazilian miner Vale reported on Thursday a fourth-quarter net profit of $5.4 billion, above analyst forecasts of $4.70 billion.

The company reported adjusted earnings before interest, taxes, depreciation, and amortization of $6.96 billion, down 23.5% from the same quarter of 2020.

Reporting by Roberto Samora and Peter Frontini; Editing by Leslie Adler