Brazil Mining Views

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Valemax Strategy Further Imperilled

We expect further complications for Vale's strategy of increasing its Chinese iron ore market share after China's Transport Ministry reaffirmed a long-standing ban on Valemax ships berthing at...

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Weekly Mining & Projects Roundup

We expect the Bloomberg World Mining Index to remain locked in a secular downtrend over the coming months. Despite the recent growth bounce in China, we continue to believe that the hangover effects...

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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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