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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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Petrobras Plans Higher Upstream Spend

Brazilian state-run energy company Petroleo Brasileiro (Petrobras) is planning a 4% increase in budget for its upstream unit in its 2014-2018 business plan, which was unveiled in the week starting...

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Retail Sales Drop 0.2% In December

Brazilian retail sales registered a fall of 0.2% in December 2013, compared with a 0.6% rise in November 2013 and a 4% increase in the same period of 2012, according to data from the national...

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