Business
Vale’s iron ore production is on fire. Literally – Stockhead
The meteoric rise in iron ore prices has been triggered by a combination of factors, which includes reduced output from giant Brazilian iron ore miner Vale. Poor…
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The meteoric rise in iron ore prices has been triggered by a combination of factors, which includes reduced output from giant Brazilian iron ore miner Vale.
Poor Vale still cant catch a break.
Yesterday a shiploader caught fire at Vale’s main iron ore export terminal at Ponta da Madeira in northeast Brazil, from where it ships high-grade iron ore.
Heres a video of the action, directed by Michael Bay (probably). It’s too late to tell you it’s got some NSFW language, but sometimes,…
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