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Vale says to resume work at dam-hit mine
Iron ore imports, which have been rising since the beginning of the financial year, have started declining in the last couple of months.
Ports in Poland are experiencing something of a renaissance, in part, driven by significant European Union (EU) funding, which aims to bring them up to the same level as ports in north-western Europe.
Despite being the fourth largest producer of iron ore, India’s imports of mineral rose a whopping 157 per cent during April-December 2018 mainly due to higher logistics costs for sourcing it domestically and lower import duties, says a report.
The iron ore market could lose as much as 90 million mt/year of supplies from Brazil — about a quarter of the country’s total export capacity — from output curbs following the fatal tailings dam burst at Vale’s Corrego do Feijao mine...
Brazil’s authorities will investigate miner Vale SA over possible corruption in misleading officials about the safety of its dam that burst and killed hundreds, a spokeswoman for the Mines and Energy Ministry said on Friday.