Vale Sees Iron Ore Output Rising
Reuters reported Vale (SAO:VALE5) says iron ore prices will rise in the second half of 2012.
Reuters reported Vale (SAO:VALE5) says iron ore prices will rise in the second half of 2012.
Reuters reported iron ore remained untraded in China on Wednesday.
Bloomberg reported stock in Vale (SAO:VALE5) declined after the company announced a huge loss in quarterly profits.
Bloomberg reported a German steelmaker has said it disagrees with Vale's (SAO:VALE5) new pricing plan for iron ore.
Reuters reported spot iron ore prices fell as it tracked steel in China on lower demand.
Reuters reported BHP Billiton (ASX:BHP), Vale (SAO:VALE5) and Rio Tinto (ASX:RIO) all saw a sharp decrease in quarterly iron ore production which raised prices on the metal.
Reuters reported Vale SA (SAO:VALE5) CEO says China's demand for iron ore will continue to grow despite expectations the country's industry is waning.
Forbes reported Vale (SAO;VALE5) plans to hire 10,000 people around the world in 2012 and triple their company in the next three years.
Bloomberg reported China will include Vale (SAO:VALE5), Rio Tinto (NYSE:RIO,ASX:RIO) and BHP Billiton (NYSE:BHP,TSX:BHP,ASX:BHP) on its new spot iron ore trading platform.
SMH reported West Australia would welcome Vale's (NYSE:VALE) anticipated move into the Yilgarn iron ore region.
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