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23
Feb
2017
Vale hits profit home run on strong production, rising iron-ore pricesBy:Creamer Media Deputy Editor: North America IRON-ORE Brazil’s Vale, the world’s largest iron-ore producer, has swung back into the black with a net profit of $3.98-billion for 2016, boosted by higher iron-ore prices and record output. This represents a significant swing from a loss of $12.13-billion in 2015.
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