Vale says may close Corumba mine system in Western Brazil

Brazil’s Vale is considering the closure of its two-million-tonne-per-year iron-ore Corumba system in Western Brazil as the price of the steelmaking ingredient lingers at five-year lows, its head of iron-ore said on Friday.There’s always a doubt on Corumba which is our small system in the west of the country, Peter Poppinga told investors at a strategy day in London.
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