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Weak iron ore prices cause Vale $1.44 billion loss in Q3

Cecilia Jamasmie | October 30, 2014 | 3:32 pm Base Metals Europe Latin America Iron Ore Nickel 

[caption id="attachment_805640" align="aligncenter" width="600"] Vale's Carajás, the largest iron ore mine in the world.[/caption] Brazil’s Vale (NYSE:VALE), the world's largest iron ore producer, was the second miner to surprise investors on Thursday by logging a net loss of $1.44bn in...

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