Project Cargo Bi-Annual
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Vale says losing $2-$3 per ton of ore due to China Valemax ban
Brazil's Vale, the world's second-largest mining company, is losing $2 to $3 a ton in iron ore shipping costs because of China's port ban on its giant Valemax ships, Jose Carlos Martins, Vale's iron ore chief, said.
Read Full Article: http://www.ajot.com/news/vale-says-losing-2-3-per-ton-of-ore-due-to-china-valemax-ban
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