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Iron ore price to dictate Vale's 2017

Major producer expecting price premium to help cash flows, balance sheet fix

Chris Cann
Vale is betting on a premium price for its high-quality iron ore shipments to China

Vale is betting on a premium price for its high-quality iron ore shipments to China

The company has told analysts this week it will continue to prioritise its debt overhang, which a rising iron ore price had helped pull down to just over US$25 billion by the end of last year. The 2017...

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