Rio raises iron ore production while Vale's output falls
Productivity improvements and less weather disruptions improves Australian mining giant Rio Tinto's iron ore production in the first quarter of 2017 while Brazilian miner reports lower output due to management’s decision in the second quarter of 2017 to reduce production of lower grade ore plus heavy rains during the first three months of 2018
A rail derailment in Parauapebas in Brazil is likely to have an effect on shipments, adding to the woes of the Brazil to China capesize route
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