New boss for Brazil mining giant

The Brazilian mining giant Vale, the world’s biggest producer of iron ore, has chosen a new chief executive.

Murilo Ferreira will be nominated for the post on 22 May, the company said in a statement.

Mr Ferreira, who has worked for the firm previously, will replace Roger Agnelli, who has been under pressure over Vale’s relationship with the government.

The final decision will need to be approved by Vale’s board.