Top iron ore producer forecasts 50% fall in price
Mining News Pro - Iron ore was the best performing commodity in 2020, thanks to China’s early emergence from the pandemic and Beijing’s heavy spending on economic stimulus, particularly infrastructure.
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Vale Is Not the world’s top iron ore producer Anymore
Mining News Pro - Brazil’s Vale SA on Tuesday posted a sharp output decline and $671 million in net additional provisions stemming from a deadly dam burst about a year ago, underlining the enduring effects of the incident on the iron ore giant.
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