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Vale the newest casualty of China’s slowdown

Cecilia Jamasmie | July 26, 2012 | 2:04 pm Europe Latin America Iron Ore 

Brazilian mining giant, Vale SA (NYSE:VALE), became the latest casualty of China's economic slowdown on Wednesday as its second-quarter profit fell almost 60% driven mainly by a weaker demand for iron ore coming from the Asian country. Earnings for the...

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