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| Industry News |
| Vale to work at full productivity in 2010 |
| 2009-10-14 10:10:41 |
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| Vale to work at full productivity in 2010 |
Brazilian iron ore producer Vale said it will work at full capacity in 2010 due to the rebound in demand for iron ore and the confidence in future needs.
Moreover, the company has plans to build a sales center in Malaysia with a capacity of 20 to 30 million tons.
Therefore, Vale could sell the iron ore to the small and medium-sized steel plants in China with a lower freight cost than the Australian miner suppliers.
News Date 10/13/2009 8:38:42 reported by Kiki | |
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