CAPITAL MARKETS

Vale says $90/t iron ore price needed

VALE predicts that if the iron ore price remains at $US70 per tonne next year, 220 million tonnes...

Kristie Batten
Vale says $90/t iron ore price needed

Vale executive director, ferrous minerals Peter Poppinga told the company’s investor day in New York on Tuesday that up to 15% of global capacity in 2015 could be uncompetitive at current spot prices....

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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