Author: Monika Bajaj
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Vale: iron ore production rises by 14% in Q1 CY’21
Brazilian miner- Vale’s total iron ore fines production in Q1 CY’21 was recorded at 68mn t, up 14% as against 59.6 mn t in Q1 CY’20.The y-o-y growth is attributed to the gradual resumption of halted operations in Timbopeba, Fabrica and Vargem Grande complexes throughout CY’20, stronger performance in Serra Norte and lower rainfall in…