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Iron ore soars as Vale ordered to shut down mines

MINING.COM Staff Writer | June 08, 2020 | 12:55 pm Intelligence Markets Top Companies Asia China Latin America Iron Ore 

Chinese iron ore futures surged on Monday, marking the biggest intraday percentage gain since July 2019, as supply concerns deepened after the country's second-biggest iron ore supplier Brazil shut down Vale's Itabira complex due to coronavirus concerns. A Brazilian judge...

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