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GLNCY - Vale set to resume work at major iron ore mine; Chinese futures sink 6%
Glencore PLC ADR
China iron ore futures plunge nearly 6% in their biggest intraday fall in three months following news that a local court had cleared the way for Vale (NYSE:VALE) to resume operations at its Brucutu mine, its largest iron ore complex in Brazil's Minas Gerais state.
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