12
Apr
10:41
Vale`s iron ore reserves grow in 2016
Brazilian miner Vale's total iron ore reserves increased by 5.56% year-on-year to 18.4 billion tonnes in 2016, the company says on its form F-20 to the US Securities and Exchange Commission monitored by Kallanish.
According to Vale, the 973 million tonnes variation in iron ore reserves compared to 2015 reflects “... the new analysis of deposits, considering new price, cost, projects and blending assumptions, which affected all deposits.&rdquo…
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Anonymous
Very good overview of the weekly steel market.
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