Vale sees iron ore prices above $85 despite tariff turmoil
One of the world’s top iron ore producers dismissed analysts’ predictions that prices of the steelmaking material will tumble amid a tariff-fueled economic slowdown.
Vale (NYSE: VALE), the world’s second largest iron ore miner and top nickel producer, has shortlisted suitors for 10% of its base metals business estimated to be worth nearly $2.5 billion. The Brazilian miner, which last year hired advisers to...
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