Tag: Vale mine disaster

Dalian Iron Ore Futures Up as Vale Holds Resumption at Brucutu Mines

May 7, 2019

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by

Monika Bajaj

in Fines/Lumps

China iron ore future edged up 4% today due to supply crisis from Vale over delay in resumption at Brucutu mines. Vale on Monday (6th May) was ordered by the Minas Gerais Court of Justice (Tribunal de Justiça do Estado de Minas Gerais – “TJMG”) to hold production at its Brucutu mines. The miner on…