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29 May
10:30

S11D to support Vale`s production recovery: analyst

Capital Research says that it is optimistic about Brazilian miner Vale's performance in 2020, Kallanish notes. According to the analyst, the miner is already close to recovering its position as the world's largest ore producer this year after the impact resulting from the rupture of the Brumadinho dam. This led the company to have greatly-enhanced expenses and to reduce its production of iron ore by -21.5% in 2019. “Vale would return to the top …
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