[ferro-alloys.com]Brazilian iron ore miner Vale said on Wednesday its fourth-quarter profits jumped nearly fivefold in the last full quarter before a deadly dam burst in January that has taken about a fifth of its production offline.

Vale posted fourth-quarter profit of $3.786 billion, compared with $771 million a year earlier. Revenues rose to $9.8 billion from $9.17 billion, boosted by higher iron ore prices and lower freight costs.

(Mining.com)

• [Editor:王可]