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Vale Output Disappoints in Fresh Blow to Tight Iron Mar

The world’s second-largest iron producer churned out 75.7 million metric tons in the second quarter compared with the 78 million-ton average estimate among analysts tracked by Bloomberg. The result was still up from both the previous three months and the Covid-impacted year-ago period.Vale’s ongoing recovery from an early-2019 dam disaster makes it a major swing factor in a market in which demand remains strong despite China’s efforts to curb emissions and contain commodity inflation. Vale’s ability and willingness to expand and take back the No. 1 producer title it lost to Rio Tinto Group will help determine whether the market moves back into surplus. Rio Tinto has said suppliers are struggling to meet demand.

Rio tintoRio tinto groupRio de janeiro basedரியோ டின்டோரியோ டின்டோ குழுரியோ டி ஜானிரோ அடிப்படையிலானது

Brazil s Vale increased its iron production by 13% in the first half of 2021

RIO DE JANEIRO, BRAZIL - Brazil s Vale, one of the world s largest iron ore producers and exporters, produced 143.7 million tons of the mineral in the first half of the year, a volume 13% higher than in the same period of 2020 (127.2 million tons), the Rio de Janeiro-based company reported on Monday. The company explained in a statement that the normalization of all its activities after the stoppages caused last year by the covid pandemic, high external demand, good weather conditions, and the use of almost all its installed capacity in some mines will allow . . . To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here

Rio de janeiro basedPremium membershipரியோ டி ஜானிரோ அடிப்படையிலானதுப்ரீமியம் உறுப்பினர்

Ufinet expands into Brazil acquiring of NB Telecom

Ufinet expands into Brazil acquiring of NB Telecom
capacitymedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from capacitymedia.com Daily Mail and Mail on Sunday newspapers.

Rio de janeiroEstado do rioUnited statesPedro augusto oliveira alvesStefano lorenziNatalie bannermanNb telecomRio de janeiro basedLatin americaDel cerroEdgard sanchez lealரியோ டி ஜானிரோஎஸ்டாடோ செய் ரியோஒன்றுபட்டது மாநிலங்களில்நடாலி பண்ணீர்மன்ரியோ டி ஜானிரோ அடிப்படையிலானது

Vale Iron Output Disappoints in Fresh Blow to Tight Ore Market

Vale Iron Output Disappoints in Fresh Blow to Tight Ore Market
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Rio tintoRio tinto groupRio de janeiro basedரியோ டின்டோரியோ டின்டோ குழுரியோ டி ஜானிரோ அடிப்படையிலானது

3R comes to terms for Petrobras oil field

3R comes to terms for Petrobras oil field 3R comes to terms for Petrobras oil field Brazilian oil and gas company agrees to pay $106 mln for 62.5% of Papa-Terra M&AEnergyOilGasBrazil Brazilian oil and gas company 3R Petroleum said Monday that it agreed to buy 62.5% of the Papa-Terra oil field from state-owned oil company Petrobras for $106 million. The acquisition. marks the beginning of [3R s] deep-water operations as well as strengthens the construction of a diversified portfolio with mature onshore and offshore assets, the Rio de Janeiro-based company said in a securities filing. 3R said it had paid $6 million upon signing the contract and pledged to pay $9.6 million

Thierry ogierR petroleumRio de janeiro basedர் பெட்ரோலியம்ரியோ டி ஜானிரோ அடிப்படையிலானது