Brazilian miner Vale ordered by Justice to present $1.47 billion in guarantees: filing

SAO PAULO (Reuters) – Brazilian miner Vale SA said on Wednesday that a court has ruled it must present 7.9 billion reais ($1.47 billion) in guarantees until July 23, according to a filing.

This amount would ensure the enforcement of any potential fine or forfeiture of assets, rights and values in the future, the company, adding that it will appeal the decision.

(Reporting by Carolina Mandl, editing by Louise Heavens)