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Vale's Iron Ore Output Falls Short Due to Heavy Rainfall

Vale's Iron Ore Output Falls Short Due to Heavy Rainfall

Bloomberg15-04-2025

Vale SA, one of the world's top iron ore suppliers, churned out less than expected of the commodity, reflecting seasonal heavy rainfall.
The Rio de Janeiro-based miner produced 67.7 million metric tons in the first quarter, it said in a statement Tuesday. That's less than the 72.3 million ton average estimate of analysts tracked by Bloomberg.

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