18
Jun
09:25
Vale resumes production at Itabira mine
Vale confirms it will gradually resume operations at its Itabira mining complex following the go ahead from local authorities, Kallanish notes.
A technical report concluded that the "…additional measures adopted by Vale were satisfactory to mitigate the risk of workers' contamination during their labour activities."
The complex was halted on 5 June, triggering a spike in iron ore prices. Vale says the impact of the halt on the group'…
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Anonymous
Very good overview of the weekly steel market.
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