New iron ore pricing expected to cost Vale $1.5-billion
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New iron ore pricing expected to cost Vale $1.5-billion

Toronto : Canada | Dec 08, 2011 at 11:36 AM PST
Source: The Globe & Mail
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Video This decline in revenue would have been postponed to next quarter if the previous method had been preserved. The switch was unavoidable for Vale, however, to prevent customers from migrating to other miners such as BHP Billiton BHP-N and Rio Tinto PLC, RIO-N who offer contracts on even shorter... FULL ARTICLE AT The Globe & Mail
 
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