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Vale to move forward with Serra Sul iron ore expansion

Cecilia Jamasmie | August 14, 2020 | 3:45 am Markets News Top Companies Latin America Iron Ore 

Brazil’s Vale (NYSE:VALE) has received board approval for a long-sought expansion of the already massive S11D iron ore mine, in the northern state of Pará. The $1.5 billion Serra Sul 120 project aims to increase the S11D mine-plant capacity by 20 million tonnes...

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