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    1. UPDATE 1-Brazil's Vale to sell 4 large iron ore carriers to China's CMES


      Tue, 19 May 2015

      RIO DE JANEIRO, May 19 (Reuters) - Brazilian miner Vale said on Tuesday it agreed to sell four large iron ore carriers to China Merchants Energy Shipping Co (CMES) , as it looks to raise cash in the midst of an iron ore price slump.

    2. EMERGING MARKETS-Brazil's Bovespa drops with banking shares, Vale


      Mon, 18 May 2015

      RIO DE JANEIRO, May 18 (Reuters) - Brazil's benchmark Bovespa index dropped more than 1 percent on Monday as shares of banks and miners weighed, while Latin American currencies weakened as higher...

    3. Brazil's Vale secures $3 bln credit line


      Fri, 15 May 2015

      RIO DE JANEIRO, May 15 (Reuters) - Brazilian miner Vale said on Friday it secured a $3 billion revolving credit facility for a term of five years.

    4. EMERGING MARKETS-Brazil's Vale advances on China rates; currencies slide


      Mon, 11 May 2015

      SAO PAULO, May 11 (Reuters) - Shares of Brazilian iron-ore producer Vale SA led the Bovespa stock index higher on Monday after top customer China announced it would lower interest rates to boost...

    5. Rio Tinto unshakeable in drive for more iron ore


      Wed, 6 May 2015

      PERTH, May 7 (Reuters) - Rio Tinto said on Thursday it would continue producing iron ore at full tilt, despite a 55 percent plunge in prices since the start of last year, even as rivals BHP Billiton and Brazil's Vale lightly tap the brakes.

    6. Amid Languishing Brazilian Steel Demand, CSN Turns to Export Market in 1Q


      Wed, 6 May 2015

      concerned about the competitiveness of CSN's unit costs relative to the big three miners--BHP Billiton, Rio Tinto, and Vale --and we don't think management will achieve its lofty iron ore expansion goals. Accordingly, the company's iron ore

    7. Rio Tinto tipped to stick to no-output cut mantra on iron ore


      Wed, 6 May 2015

      SINGAPORE/MELBOURNE, May 6 (Reuters) - Rio Tinto, the most profitable iron ore producer, is in a strong position to keep its mines running at full tilt, even as rivals BHP Billiton and Brazil's Vale apply the brakes in a market suffering a supply glut.

    8. EMERGING MARKETS-Petrobras, Vale drive Brazil Bovespa to 7-month high


      Tue, 5 May 2015

      By Walter Brandimarte RIO DE JANEIRO, May 5 (Reuters) - Latin American financial markets benefited from hopes that the U.S. Federal Reserve may take just a little longer to raise interest rates,...

    9. EMERGING MARKETS- Vale drives Bovespa higher; Brazil real drops 2 pct


      Mon, 4 May 2015

      (Adds Vale driving Brazil stocks up; updates prices) By Walter Brandimarte RIO DE JANEIRO, May 4 (Reuters) - Shares of miner Vale SA drove Brazil's benchmark Bovespa index higher on Monday, while the...

    10. UPDATE 2- Vale signals cut in production growth as iron price slumps


      Thu, 30 Apr 2015

      RIO DE JANEIRO, April 30 (Reuters) - Brazil's Vale SA said on Thursday it could reduce forecasted iron ore production by up to 30 million tonnes over the next two years, as the miner tries to resuscitate margins in the midst of a severe price slump.

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