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Vale Teams Up with China's State-Owned Iron Ore Trader to Sell Cargoes
ByAinvest
Friday, Sep 5, 2025 1:58 am ET1min read
China's state-run iron ore trader, China Mineral Resources Group, is now selling Vale's iron ore cargoes, marking a shift in the balance of power in the $130 billion import market. The move highlights changing market dynamics and offers flexibility for Vale, while strengthening Beijing's role as a price-setter and stabilizer in the iron ore trade.
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