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Vale profits down with nickel the key offender

DESPITE record high iron ore prices Brazilian mining giant Vale - the world's largest iron ore mi...

MiningNews.Net
Vale profits down with nickel the key offender

The company's net earnings for the quarter were $US2.02 billion ($A2.15 billion), down 8.8% compared to the same period last year. Vale today said lower nickel prices shaved $US698 million off its total...

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