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Vale produces record 105m tonnes of iron ore in third quarter

Brazilian miner Vale has produced a record amount of iron ore in the third quarter as its S11D continues to ramp up output. It said it would meet its 390m-tonne target for the full-year and expects to increase production to 400m tonnes in 2019

Capesize earnings are rising once again on the back of increased shipments of iron from the key markets of Brazil and Australia

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