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13 Jan
08:55

Weather conditions put pressure on Brazil miners: Moody’s

The heavy rains in Brazil could affect the main indicators of most local mining companies, such as Vale, Samarco, Usiminas, CSN, and Vallourec. So says Moody’s in its latest investor service report on Brazil monitored by Kallanish. Iron ore mining activities remain temporarily halted in Minas Gerais state. “If the rains continue to the point where mining and logistics operations continue to be disrupted, it could reduce companies’ production volu…
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