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22 Jul
14:21

Vale's second-quarter iron ore output, sales slide further

Vale’s iron ore production and sales showed a substantial improvement at the end of the second quarter. There was an increase in shipments from the Northern System and Brucutu operations resumed on 22 June. Nevertheless, the miner’s performance continued to dip during Q2 as a whole. This was the result of the impact of the Brumadinho dam rupture and the unusual weather-related conditions in the Northern System in April and early May, says the company…
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