BHP bets billions on Chile mines to face global copper crunch
BHP detailed to investors this week plans to spend $10.7 billion to $14.7 billion within about 10 years.
The environmental agency of Brazil’s Rio de Janeiro state said on Thursday it has allowed Vale’s iron ore terminal in Mangaratiba to reopen.
Earlier authorities had closed the Ilha de Guaiba terminal, which exports nearly 40 million tons of iron ore a year, saying it had been operating without a required permit.
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