Vale says China property outlook is more encouraging
Mining News Pro - No. 2 iron ore miner Vale SA said the outlook for China’s steel-intensive property sector is “more encouraging” despite uncertainties, and reiterated its long-term view of the global steel market remains intact.
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Vale says iron market ‘can only get better’ amid tight supply
Mining News Pro - The iron ore market has stabilized with impacts of China’s Covid-19 lockdowns and real-estate woes already priced in, according to a top producer of the steelmaking ingredient.
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Vale says 35 trapped workers returned to surface from Totten mine in Canada
Mining News Pro - Vale SA said on Tuesday that 35 of its employees who were trapped in a Canadian mine had returned to the surface and four more were on their way out.
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Vale says it’s ‘on right track’ to resume dividend payments
Mining News Pro - Brazilian iron ore miner Vale SA is “on the right track” to begin paying dividends again, the company said in a presentation on Tuesday, without offering further details.
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Vale says resumption of lost capacity could be slowed
Mining News Pro - Brazilian mining company Vale SA said on Tuesday it was at risk of postponing the resumption of lost production capacity due to possible coronavirus-related delays in inspections, assessments and authorizations but that existing output so far had seen little impact.
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Miner Vale says fire to halt operations at Malaysia distribution center
Mining News Pro - Brazilian miner Vale SA said a fire broke out on Friday in its distribution center in Malaysia, temporarily affecting shipments, according to a securities filing.
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Brazil Vale SA’s iron ore price drops, Q1 net income slumps,
Mining News Agency- According to the announcement from Companhia Vale do Rio Doce (Vale SA), the sharp declining in iron ore prices in the first quarter affected the company`s earnings.
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Visit: 3079