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Vale smashes iron ore production record

Andrew Topf | February 19, 2015 | 10:57 pm Latin America Iron Ore 

Brazil’s Vale (NYSE:VALE), the world’s largest producer of iron ore, continued to flood the market with product in 2014 despite sharply lower prices. In the fourth quarter, the mining giant increased its output of the steelmaking ingredient to 82.97 million...

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