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VALE - Iron ore miners slide as Vale approved to resume mining at Vargem Grande
VALE S.A. American Depositary Shares Each Representing one
Major global miners are sharply lower in London trade as Chinese iron ore prices fall nearly 5% after Vale (NYSE:VALE) won approval to resume some processing operations at its Vargem Grande complex in Brazil; BHP-3.4%, RIO-2.6%, VALE -1.4% U.S. pre-market.
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