UPDATE 1-Ore rally, cost cuts giving Vale room to rethink asset sales
November 29, 2016 at 12:50 PM EST
NEW YORK, Nov 29 (Reuters) - Vale SA, the world's No. 1 iron ore producer, is taking advantage of recent gains in mineral and metal prices and successful cost-cutting steps to rethink the pace of an asset sale plan to bring down debt, executives said on Tuesday.
