Wednesday, April 6, 2011

VALE: +143% in 2 Years, To Sell 130M Tons Iron Ore To China

VALE has announced that it will sell betrween 120M and 130M tons of iron ore to China in 2011.

Its total production for the year will be 320M tons. The volume to China is stable.

VAL, under a huge controversy in Brazil due to government interference, has risen 143% in 2 years:

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