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Demand Of Iron Ore From Brazil

vale lowers iron ore production capacity forecast for next,1 day ago vale lowers iron ore production capacity forecast for next year. brazilian mining company vale has reduced its iron ore production capacity estimate for 2022 because of a slower ramp-up of operations in northern brazil. the company expects its iron ore capacity to reach 370 million tonnes per year by the end of 2022, it said in a presentation.box b the recent increase in iron ore prices,a key driver of the recent price increase has been a significant decline in iron ore production in brazil, following a tailings dam collapse earlier this year and the subsequent closure of several mines. brazil is the second-largest exporter of iron ore, and these closures sidelined around 6 per cent of global seaborne supply graph b2..

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