One in 10 Brazilian mines may be abandoned, study finds
Brazil has 3,943 mining sites showing signs of abandonment, or 11% of the country's authorized operations, according to a new study.
Iron ore prices jumped on Thursday after Vale reported 4Q20 output of 84.5 million tonnes, a 5% decline from the third quarter (88.6 million tonnes). Vale is still looking to return to a capacity of 400 million tonnes, which would see it...
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