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Vale triples profits with rise in iron ore shipments

The Brazilian government, meanwhile, is considering sanctions against the miner

Isabeau van Halm
Credit: Vale

Credit: Vale | Credits: Vale

Vale reported a tripled net profit in the June 2024 quarter, rising to US$2.8 billion from $892 million in the same quarter in 2023. Revenue for the quarter was $9.9 billion, up 3% from $9.7 billion...

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