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Vale 4Q20 iron ore output lower than estimated

Bruno Venditti | February 03, 2021 | 4:00 pm Top Companies Latin America Iron Ore Nickel 

Vale reported 4Q20 output of 84.5 million tonnes, lower than estimated by analysts, mainly due to higher rainfall levels and tailings disposal restrictions in the Southeastern System in Brazil. The number is a 5% decline from the third quarter (88.6 Mt)...

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