Vale stock gains as Carajas work restarts
Vale (NYSE:VALE) won a court order on Friday that allows the company to resume work to double railway capacity as part its massive Carajas expansion project.
For Saskatchewan there's a great importance here. We've seen our exports to China from Saskatchewan triple from 2006. We've moved past Ontario and Quebec in terms of the exports to China specifically. In the first half of this year we're up 103% over the first half of last year and typically our best exporting months come at the back end of the year.Image courtesy of the Saskatchewan Premier's channel via Youtube
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