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05 Mar
09:18

Vale signs iron ore supply contract with Mitsui

Brazil’s Vale says it has signed an agreement to supply iron ore to Japanese trading house Mitsui & Co as a related party transaction, Kallanish learns from a note issued by the Brazilian company. The miner will supply 750,000 tonnes of iron ore to its partner in February-December 2021. “The value of the supply will vary according to the raw material’s price, volume sold and foreign exchange, since the contract is in line with…
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