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14 Jun
15:38

High-grade ore demand promising, Brazil renewables uncertain: Pimenta

The iron ore market is set to remain attractive for Vale amid the uncertainty in China, according to the miner’s chief financial officer, Gustavo Pimenta. The energy transition and global decarbonisation processes will have an additional effect on demand, said the executive in an interview with TV Estadão monitored by Kallanish. Chinese demand is transforming, and lower consumption in the construction sector is being offset by greater interest in the …
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