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Brazil grants Vale license for S11D iron ore mine rail branch

Valentina Ruiz Leotaud | September 17, 2016 | 3:59 am Latin America Iron Ore 

The Brazilian government has granted iron ore giant Vale (NYSE:VALE) a 10-year license to operate a 101-kilometre branch line connecting its S11D project in the Amazon jungle to the Carajas Railway. Thanks to this decision, the world's largest iron ore...

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