Vale says Mozambique coal stacker collapse won’t affect 2016 production

Author: Reuters | Jul 30 2015 at 10:07 AM | Category: Maritime  Breakbulk News  

RIO DE JANEIRO - Brazilian miner Vale SA said on Thursday that the collapse of a coal stacker at its port in Mozambique will not affect forecast coal production for next year. The stacker, which Reuters reported collapsed last week, was made by Sweden’s Sandvik, Vale said on a conference call to discuss second quarter results.

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