Vale Suspends Force Majeure on Iron Ore Shipments

  • Wednesday, January 8, 2014
  • Source:

  • Keywords:Iron Ore Vale Force Majeure
[Fellow][Ferro-Alloys.com]Vale suspended force majeure (FM
 
Vale managed to limit the impact on iron ore shipments to 2.5 million metric tons (Mt) from the original estimate of 3 to 4 Mt in December of 2013, of which up to 1.3 Mt can be potentially recovered in the first quarter of 2014.
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