Vale still upbeat on China giving Valemax nod
Jun 10, 2013 | 12:27 PM
MUNICH Brazilian miner Vale SA remains optimistic about the likelihood of China accepting its Valemax vessels despite setbacks, a company executive said June 10.
Vale is the worlds largest seaborne iron ore producer and has been actively promoting its plans for the use of very large ore carriers (VLOCs). However, it hasnt received approval from the Chinese government to dock a fully loaded Valemax in China.....
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