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28 Mar
09:22

Vale grows 2018 revenues, but 2019 outlook uncertain

Brazilian iron ore miner Vale increased its profit in 2018, Kallanish learns from the company's annual results statement. Vale considers that it is not yet possible to provide reliable financial outlook for the current year. It says however that the Dam I accident at the Córrego do Feijão mine in Brumadinho in January will impact its iron ore and pellet output by 92.8mt and by 11mt respectively in 2019. “Vale is s…
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