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Vale’s red-tape headache Is boon for sagging iron ore market – MINING.COM – MINING.com

The Rio de Janeiro-based company said it’s targeting production capacity of 370 of million tonnes next year, compared with a…

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Vales ongoing recovery from an early-2019 tailings dam disaster makes it a major swing factor in a market thats looking for direction after tumbling 40% from a mid-July peak amid Chinas efforts to curb emissions.
On Thursday, the Rio de Janeiro-based company…

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