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Reuters reported that the importance of Vale SA’s (NYSE:VALE) Guinea-based Simandou complex has been reduced by its Serra Sul iron project in Brazil.
Reuters reported that the importance of Vale SA’s (NYSE:VALE) Guinea-based Simandou complex has been reduced by its Serra Sul iron project in Brazil.
As quoted in the market news:
Serra Sul and Simandou are two of the largest high-grade iron ore projects under development to meet soaring demand for iron ore, the main ingredient in steel, from China.
