Vale: Capital and R&D expenditures budget of US$ 14.8 billion for 2014

Expenditures in sustaining the fertilizers business will be US$ 400 million, mainly comprised of investments in operations (US$ 222 million), including maintenance at Uberaba (US$ 101 million), CSR (US$ 81 million), waste dumps and tailings dams (US$ 51 million) and health & safety (US$ 29 million). The coal business budget of US$ 179 million is chiefly composed of US$ 156 million for operations.
See complete Press RElease at:
http://saladeimprensa.vale.com/_arquivos/120213Capex2014_i.pdf