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Iron ore $300? Vale’s new dam buster deteriorates

June 10, 2021 - 12:00 -- Admin

I said recently that iron ore was not going to go to $300 unless we saw some new crisis to supply. Either another busted dam in Brazil or nationalist Indian policy or the like. Well, we have a candidate, via Reuters: Regional Labor Department for the southeastern Brazilian state of Minas Gerais says Vale SA’s decomissioned

The post Iron ore $300? Vale’s new dam buster deteriorates appeared first on MacroBusiness.

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