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Vale Is Advancing Huge Investment, Betting On Strong Demand For High-Grade Iron Ore

iconJun 9, 2023 16:02
Source:SMM
Vale is advancing a $2.7 billion investment plan to expand iron ore output in Brazil's Amazon region, betting that demand for high-grade iron ore will remain strong amid a softening overall market.

Vale is advancing a $2.7 billion investment plan to expand iron ore output in Brazil's Amazon region, betting that demand for high-grade iron ore will remain strong amid a softening overall market.

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