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Vale declares force majeure

AS THE Pilbara feels the wrath of tropical cyclone Heidi, the world’s largest iron ore producer Vale has declared force majeure on a number of its iron ore sales due to high rainfall in Brazil.

Kristie Batten
Vale declares force majeure

The company said high rainfall since mid-December had continued over the past few days in the Brazilian states of Minas Gerais, Rio de Janeiro and Espirito Santo, causing flooding and local governments...

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