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Iron ore price jumps as Chinese inventory drops to the lowest since February – MINING.COM – MINING.com

Shipments from Rio Tinto were seen declining, while Vale has interrupted production at two mines over safety concerns, reducing…

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The most-traded September iron-ore contract on China’s Dalian Commodity Exchange ended daytime trading 4% higher at 1,175 yuan ($183.78) a tonne, after earlier advancing to 1,191.50 yuan.
Iron-ore inventory at Chinese ports dropped to 127.65 million tonnes…

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