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Lumut: Vale's Asia Contingency

Vale's iron ore logistics network continues to expand, with its iron ore and distribution centre at the port of Lumut in Malaysia due to receive its first Valemax vessel in March 2014. The facility...

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Vale To Pay BRL22.3bn Back Tax

Brazilian mining company Vale will pay BRL22.3bn (US$9.61bn) to the Brazilian government as back taxes on profit earned from its overseas operations, reports Reuters.

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